Under investment, poor procurement and skills drain plague Eskom

  • 📰 Moneyweb
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 77%

Business News News

Business Business Latest News,Business Business Headlines

To fix Eskom’s issues, the utility needs more money to invest in quality coal, improve poor procurement processes and up the morale of its staff, who have lost hope in its ability to solve the loadshedding problem, the energy minister says. Moneyweb

To fix Eskom’s generation issue, the utility needs more money to invest in quality coal, improve poor procurement processes and up the morale of its staff who have lost hope in its ability to solve the load shedding problem. Minister in the Presidency responsible for electricity, Kgosientsho Ramokgopa, highlighted the issues facing Eskom at a press briefing at the Union Buildings in Pretoria on Thursday, where he gave an update on the state of Eskom’s power stations.

Of course, when we provide that fiscal support it means debt to GDP, or your budget deficit, is likely to grow.” Poor procurement Another key pain point Ramokgopa found concerns Eskom’s poor procurement process which causes delays to the maintenance of units because suppliers take too long to source materials or supply incorrect materials.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Useless bliksem

TonyBeamish All the pathetic excuses.

Another bright spark- all talk.

We have given you all the money you need - you stole it - now you want us to give you more. Are you mad

Also minister of Fortune Telling and Money Affairs.

Being the head of the home isn't easy, you are expected to provide for the home, I lost my job during the pandemic and relied on the little money I had,things were hard until I met Nicholascorney and started Bitcoin trading, I earned R150,000 in 3 weeks thanks Nicholascorney.

So, there is a Minister of Energy & Minister of Electricity?

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in BUSİNESS

Business Business Latest News, Business Business Headlines