No light at end of Eskom’s tunnel
Aug 23, 2020
4 minutes
ANTOINETTE SLABBERT business@citypress.co.za
PHOTO: AP PHOTO / MARK SCHIEFELBEIN
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The solution is not sustained maintenance. Eskom must unbundle and sell its power stations, paired with a power purchase agreement of 20 years. With a guaranteed income stream, investors can pump money into the power stations
South Africa has already had more power cuts this year than in the whole of last year, data from the Council for Scientific and Industrial Research (CSIR) show. The CSIR has also warned that load shedding could be twice as bad next year as last year.
As early as February, experts warned that the stabilisation plan being implemented by Eskom CEO André de Ruyter was far
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