Montlante highlighted that the crisis at the power utility threatens the entire country. Whilst diagnosing the state of Eskom, the former head of State said Eskom’s poorly maintained power plants are struggling to meet demands.
“Eskom is South Africa’s top risk, the crisis at Eskom threatens the entire country. The State-owned utility can’t manage to cover its costs and make the huge interest payments on its mountain of debt… Eskom can be described as the biggest risk to the countries economy. State-owned companies are not facing one single challenge, but a multiplicity of problems. That if not properly diagnosed any turnaround strategy would only address symptoms that are on the surface.
Paying tribute to the late African National Congress veteran Ben Turok at the Community House in Salt River, Cape Town, Motlanthe lauded the former parliamentarian for his role in the struggle against apartheid and for his uncompromising stance against injustice, corruption, and unethical leadership. Motlanthe says the life and death of Turok is a reminder of how one should live for your beliefs.
Hundreds of people, including Turok’s comrades and friends, descended to celebrate the life of the late anti-apartheid activist and former parliamentarian who passed away in November aged 92.WATCH VIDEO BELOW:
AND IT AINT HELPING AT ALL. MORE CRISIS AFTER THEE ANOTHER.
Government is useless!
They will attack him for this
Was it not Montlanthe who signed off the end of Scopions pions in 2008/2009 when he was a interim president?
Okay. What are the roots/causes then?
KE BOHLANYA FELA KO ANC!
This hpnd evn durin ur tym
How many captaina for this ship?
Pres Motlanthe should offer assist instead of criticizing from afar
True that. South Africa if not careful will slide to economic oblivion.
Time to privatise