First three months of 2023 will be difficult, warns Eskom | Business

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Beleaguered electricity firm Eskom warned South Africans on Friday to brace for a prolonged electricity crisis as it struggles to power up the continent's most advanced economy. | News24_Business

Eskom warned South Africans on Friday to brace for a prolonged electricity crisis as it struggles to power up the continent's most advanced economy."We are going to have a challenging period over the next three months," Eskom chief operating officer Jan Oberholzer told a media briefing.South Africa has endured electricity shortages for the past 15 years, but power cuts reached new extremes this year, which Eskom blames on sabotage, crime and ageing power stations.

But one unit at the 40-year-old nuclear plant will be offline next year for refurbishments, removing nearly a gigawatt of precious capacity from the grid. South Africa needs between four and six gigawatts of additional production capacity and"this has become a matter extreme urgency", said de Ruyter.The outgoing CEO, who handed in his resignation earlier this month but will stay on the job until March next year, cited a lack of political support and corruption as some of the obstacles to turning around the utility.

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_Business Name at least 5 advanced things about our economy besides fraudulent activities and corruption

_Business So what's new, they've been saying this since forever,after stealing from us for years for a cheek.

_Business Uhm, how we are the continent's most advanced economy? Need stats please, because it makes no sense to me.

_Business We were the most advanced economy. When our brainwave politicians are finished, we will have an economy more primitive than Jan van riebeek. Welcome to Africa…where destruction is literally the only thing these people are good at. Sad truth.

TradingMzansi _Business Power up the continents most advanced economy 🤣🤣🤣🤣🤣🤣🤣🤣🥰 Who writes this shit

_Business Pathetic failure

_Business Sometimes the smallest step in the right direction ends up being the biggest step of your life. Tip toe if you must, but you take the step with Cormick0Dave You sound have be among thoses crypto lovers so far they are many who have better understanding on how crypto works.

_Business 'struggles to power up the continent's most advanced economy' - is that not a contradiction ?

_Business As long as Zimbabwe and Namibia also get it. Eskom_SA CyrilRamaphosa elonmusk can you help us Understand the Power Grid in South Africa, so we can destroy the Fools who Lie.

_Business Lmfao the continent's most advanced economy? That's so insulting to the people who have lost their businesses and jobs in the last 3 years.

_Business Absolute shithole of a country.

_Business This mother f**cker is our problem

_Business As if the last couple of years were a walk in the park!!!

_Business You misspelled 'monopoly'.

_Business Tsek Eskom

_Business However, from March it will be back to Normal.... No?

_Business What a fabulous Christmas story. Keep up the good work News24.

_Business Like the last three months or even worse

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