The nation’s energy supply has been patchy since 2005, with Eskom struggling to keep pace with demand.Its We live in a world where facts and fiction get blurred
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Fin24 The man is on another plannet... It's just so they can steal more!!!
Fin24 Very disturbing that these guys actually think this is a good idea!!
Fin24 Not state owned, encourage entrepreneurship with state support
Fin24 We cant afford any more state owned failures. Go with the Vietnamese model.
Fin24 Anything State-owned will never work under the current regime. Sorry. It’s a solid failure even before it’s begun.
Fin24 If we cannot manage one how do we manage two
Fin24 Seriously. They can’t run or find one. Where will they find the money or the skills not available now. Idiotic
Fin24 Cyril is a thief, he wants to steel everything that belongs to the Government😡😡
Fin24 So if my lemonade stand is not doing well. I should open up a second lemonade stand across the street to compete with myself? That's better than admiring admitting I suck at the lemonade business!
Fin24 This COULD BE A SOLUTION. CyrilRamaphosa should have considered creating a state owned power utility that would rather supply electricity to FACTORIES AND MINES, while ESKOM would ONLY supply electricity to residential places.
Fin24 Intellectual bankruptcy, these idiots takes us for granted.
Fin24 Why can't the private sector do this ,why does the state have to do this?Is this another way to drain the coffers ?Enough is enough .
Fin24 Anything run by a black power government will collapse as a result of looting, thieving, factionalism, tribalism, forever at each others throats. These things cannot run a country, municipality, police, army, S. O. E. Fact! Like putting lipstick on a pig!
Fin24 Still one entity
Fin24 “State-owned” no
Fin24 It will create another 40 000 jobs for MYANC cadres to be deployed to Eskom. Whilst the rest of us still sits in the dark
Fin24 Huh? CyrilRamaphosa the problem you have is GwedeMantashe1 running the energy portfolio and thinking about tender and union politics first, energy supply the later. That's your problem
Fin24 Was this guy really a successful businessman before politics? 🤔 A street vendor selling Green soap and candles can see this isn’t a good strategy.
Fin24 If I’m an ice cream business owner & my ice cream shop brands customers aren’t happy, how does me creating a second brand next door (catering to the exact same customers) increase the satisfaction of the ice cream consumer market? 😂
Fin24 Two fuckups!!
Fin24 Why'State owned'.. ? Its is clear that you run things to the ground.. clear as day.. why tf should tax money be invested in another failure..
Fin24 This guy has been preaching air since he came into gov the receipts r here and they dont lie he failed so he shud just go
Fin24 What a load of rubbish. Eskom was supplying electricity efficiently for decades; as the only SOE power company....until ANC politicians decided to interfere. The problem is the behaviour of Politicians; not Eskom. Even the 2nd SOE will be mismanaged if ANC continues to meddle
Fin24 The actual pits 🚮
Fin24 Tsek ! You are clueless 🤬
Fin24 Not State Owned Please for goodness sake. Real competition from the private sector not controlled pricing from government to line their already fat pockets.
Fin24 😂😂😂😂
Fin24 You can’t even run the first one and now you want a second . Eish
Fin24 We knew the loadshedding pressure on citizens was to create a room for privatisation.
Fin24 Yes I have one car which I am failing to maintain and repair, but hey to solve this problem of lack of transport I need to have another car which I will be unable to maintain and repair. 🤣 When collective intelligence fails like this, run for cover. The worst is coming.
Fin24 Two companies offering the same service with the same shareholder. Jesus Christ! Commies don't know the word, or how to, 'compete' ! Rather go up against private companies. That's real competition and real business!
Fin24 CyrilMustResign CyrilRamaphosamustgo CyrilMustGo Ramaphosamustfall PhalaPhalaFarmGate
Fin24 Cyril is a first class Pes,any normal person can see that if u fcked the 1st thing up,why would u create a 2nd n fck it up too.... if our government isnt illiterate then fuck it, we all not normal
Fin24
Fin24 Owned by these tits who can’t run one properly? God help us. ANCParliament . Oink oink oink. Fat piggies
Fin24 It will go the same as ESKOM...state owned = state corruption = bankruptcy and broken SOE.
Fin24 Over paid excutives from apartheid era whites,tinpot indians,khulids and local hang on africans....sitting on their bums the whole day.
Fin24 You would have a better chance of blowing lighting out your a** and turning that into electricity.
Fin24 Why can’t the IPP’s do that?
Fin24 Absolute madness. Just more places for the criminal anc to steal more money
Fin24 And ESKOM MUST PUT THE THIEVES IN JAIL that created this power failure…this is not freedom or DEMOCRACY that the people of the country fart for 🤔🤔🤔
Fin24 Run by his brother in law....... Nooooooooooooooooooooo. Privatise.
Fin24 State owned... Ja neh. I can't anymore
Fin24 So that more money can be looted
Fin24 So the ANC with Toshiba built 2 non functional power stations, and they want to go at it again. Nah man!
Fin24 The idea is good, but implementation will likely fall in the hands of wrong people. Hence, the energy crisis in South Africa will not be solved soon. There must be an overhaul of the current political spectrum first.
Fin24 Nah. Not state-owned. Let’s just privatise energy generation. Creates competition for the energy providers forcing them deliver a proper service instead of being complacent because they know we have no alternatives
Fin24 Whilst you busy... 2nd sabc, 2nd denel,.........Hlaudi to run both, come on cyril i dare you.
Fin24 So a long established but now bankrupt SOE, supported by large State bail outs, is expected to compete with a greenfield SOE which is to be capitalized by the State. Or will the Chinese/Russia put up the money as they do elsewhere in Africa? T&Cs apply.
Fin24 When they don't know what they aer doing, you will see them do anything and hope it works.
Fin24 We hlanya
Fin24 The problem is not really the state owning the power. The problem is actually finding someone that wont take advantage on the situation. If SA power is privatized then you will have companies which are for profit first, people second and issue tariff hikes. Must be a balance.
Fin24 allow independent companies to offer sustainable energy supply, this will create jobs, boost economy, lessen monopoly and be environmentally more responsible
Fin24 This 30% thing is real!
Fin24 State owned se moer , all SOE’s are ruined
Ofhie57405558 Fin24 'should' indaba yanin leyo? Remove the current leadership, bring Back Molefe and Koko.
Fin24 Awe we robbed and fucked one SOE so let's create another that we can also rob and fuck. There is no hope for this country
Fin24 🤣🤣🤣🤣🤣🤣create many SOEs at State expense to sell to capitalist thieves
Fin24 Why has the the cANCer run out of SOE 's to loot?
Fin24 I thought this big new plant they building was suppose to provide enough power o wait that was stolen so who says it’s not gonna happen again they have the blue prints to do it easier this time perhaps even better
Fin24 The media is really captured. Monday the President promised that a solution will be announced. MSM is not questioning if this is the solution. MSM with ANC members are applauding the President.
Fin24 Spoken like someone who has no idea how to run a business. Oh wait, Cyril doesn't have any idea how to run a business, let alone a country.
Fin24 😂😂😂🏃
Fin24 The future we are beginning to imagine is one where the anc plays absolutely fuckall role. VoetsekANC voetsekramaphosa
Fin24 That is no different to expanding Eskom.
Fin24 State owned Why can't they just fixed the current one. Or deregulate the current law and allow other public/private sectors build energy sources that will compete with eskom
Fin24 ANC must step down.
Fin24 Whaaat! someone has lost his marbles!
Fin24 Cyril is exposing himself....not only is he a weak leader.....he is not much of a think tank.
Fin24 We've considered. No.
Fin24 Someone is not right or being stuffed with dust. Another government owned? How would it be different from other state owned entities. Let him finish hi term atleast and let him go rest.
Fin24 🤣🤣🤣More for ANC to loot. Privatise ESKOM.
Fin24 What a lot of rubbish
Fin24 They will compete only in loadshedding!
Fin24 Ironically it's a light bulb moment 🤣
Fin24 The risk is not the entity or infrastructure, the risk is the State and how they have destroyed the entity and infrastructure. Side point, look at the 'new' power stations built/being built, and the cost of them, speaks for itself.
Fin24 Surely owns lot o proxy in that company.
Fin24 Another looting opportunity indeed.
Fin24 Dumbest thing I have heard this week.
Fin24 Hell no. Compete as in looting the most? Most load shedding? Most deployed cadres? Most procurement corruption? Most racist excuse for inability to perform? Do tell PresidencyZA! Asking for a friend if course.
Fin24 I think the bigger risk is having a single Government, which can come up with embarrassing ideas like these.
Fin24 So the state owns eskom and the state will be owning the second entity two so the state will be competing with itself. Our president is doom
Fin24 🙊🙉🙈
Fin24 If anything will propel me into coming off the grid it will be this mad corrupt 2nd State owned energy utility
Fin24 Cyril must be sent to weskopies aikho lento 🤞🤣
Fin24 😂😂 Majestic
Fin24 State created energy crisis, can only be solved by having another state owned energy supplier.🤣🤣🤣 even monkeys aren't this cleva
Fin24 This guy is out of his mind. I don't know if it is genuine denial or just plain crookedness.
Fin24 This....👇👇👇👇 the cadres are lining up for tenders.
Fin24 State owned = fail