'Irrational and disastrous': DA slams proposal to move Eskom to Mantashe's Ministry of Energy | Business

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The Democratic Alliance has slammed an ANC plan to move Eskom away from Public Enterprises and into the Ministry of Energy. | News24_Business

"The DA is implacably against this move and will fight it, tooth and nail, with all the levers at our disposal," said Ghaleb Cachalia, the opposition party's spokesperson on Public Enterprises.

In a statement, Cachalia said there was an obvious conflict of interest in an energy ministry being Eskom's shareholder while also having responsibility for competition and regulation in the sector.A deep dive into the big business story of the week, as well as expert analysis of markets and trends."There is a clear and present danger that if this happens, Eskom will never be fully unbundled – as is necessary.

Cachalia speculated that the development was the outcome of a"political deal" to keep President Ramaphosa in power for another term.Ramaphosa was strongly supported by Gwede Mantashe - Minister of Energy and Mineral Resources and national chairperson of the ANC - when he was was re-elected as leader of the ANC last month.accused the utility's management

 

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_Business Energy is the only pillar left to plunder

_Business CyrilRamaphosa without real 'pipeline' plan playing game with Eskom, moving from one corrupt, incapable area to the next. Nothing new, concrete will come from it. Not even strengthening existing grid and coal stations.

_Business They have no idea what they are doing!

_Business Privatize, Privatize, Privatize

_Business And that's all they can do. How does slamming someone on social media going to solve loadshedding.

_Business ‘Ol King Cole🙈

_Business Will that stop loadshedding?

_Business What does this mean to the minister of enterprise what makes it difficult to fire him

_Business EXACTLY WHAT. GWEDE WAS PUSHING FOR ..

_Business These old people should let the younger generation decide what is best for this country! Voetsek out of government, you old rag!

_Business It is not they prerogative of the DA but of the ANC and for the interest of people of SA. ANC as they government of the day of they did not know that.

_Business ANC knob jockeys going to FastTrack ESKOMS demise VoetsekANC

_Business DA has been blaming Gwede for loadshedding, kanti what is the problem if Gwede is going to be formally responsible for loadshedding

_Business Ramaphosa said we are lucky the grid hasn't collapsed. Does he want our luck to run out.

_Business You will never know how much your kindness, support, love and encouragement means to me thank you.❤️ Brandonkaren11 for helping me through your Bitcoin mining investment platform.

_Business This utterly inept “Bosasa” beneficiary doesn’t have the competence to take charge of anything

_Business When we need to turn right, the ANC will turn left into on coming traffic .

_Business DA is confused and confusing

_Business Just becouse the ANC don't want to admit Jamnandas has failed dismally.

_Business It won’t be to the benefit of the citizens but only to the benefit of ANC pockets.

_Business Is bcoz Eskom move from Jamnadas to Gwede hence DA has a serious pain, it's a matter of time Gwede he wil leave soon to face his bosasa corruption

_Business You were celebrating Mantashe saving Cyril from Mattress issues, he now owes Mr Bosasa camera man a huge favor.

_Business Only changes the flies...

_Business The same person responsible for dealing with Zama Zama's. Tried to force prospecting off East Cape coast through. Insists on coal generation. Here comes more corruption.

_Business You seem to be enjoying loadshedding

_Business He won’t be able to fixed but there is some money left to steal and share with us BEE bloodsuckers

_Business A message for the DA.

_Business 😂😂😂😂

_Business DA will always play the opposition mentality where there isn't any need. If this is part of the quick interventions to end loadshedding, so be it.

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Ramaphosa: Energy department will oversee Eskom | BusinessSouth African President Cyril Ramaphosa said the energy department will take over responsibility for overseeing state utility Eskom, which has been failing to meet the nation’s power demand since 2008. | News24_Business _Business The problem is Gwede not creating a new home for eskom _Business Does this clown know who is CIC of the Energy Department? _Business Shouldn't they have been doing that already? Tse dingwe dia maakatsa
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