Eskom’s Megawatt Park headquarters in Johannesburg. Picture: BLOOMBERG/WALDO SWIEGERS
The focus on Eskom’s woes have sharpened as the state-owned utility continues to implement load-shedding. Unreliable power supply remains SA’s largest growth inhibitor, according to PwC, which estimates that blackouts reduced real GDP growth by 3 percentage points in 2021. Business Day TV spoke to independent energy analyst Ted Blom about the situation and what can be done to fix the problems.
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Tempers in parliament demonstrate how Eskom is adding to our stress loadsDecades of indecision driven by political dogma and an inability to plan ahead, the deployment of unqualified people into critical positions, as well as plain corruption, have seen what was once among the biggest energy companies in the world being brought to its knees.
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