CAPE TOWN - The mining industry will receive a major boost after the government agreed to start an energy generating company outside of Eskom as the state owned company’s operational problems threatened the economy.
Minerals and Energy Minister Gwede Mantashe told the 2020 Investing In African Mining Indaba held in Cape today that the government aimed to address structural problems at Eskom. Mantashe received a round of applause when he informed delegates of plans to start an electricity company and also allow mining companies to generate their own energy.
busrep Um... If the government is still involved there is a solid chance we will just end up with 2 failing electricity SEOs. The problem is not with Eskom, the problem is with the government...
busrep Are you kidding me? Still the same WhatsApp group, different name.
busrep It can't be a SOE or it will not work
busrep And who will own or manage this company, and with what money? Mark my words, this is just another vehicle to fleece public money for the criminal cartel that runs SA. Watch, it will be a consortium of “empowerment” entities owned by cadres, getting billions from the PIC, etc.
TheBaker_za busrep How many mines does Mr Mantashe own shares in again?
busrep What is wrong with this M
busrep He will benefit again like he did with Bosasa he will be getting shares in all these mines,when GWEDE AND RAMAPHOSA are appearing before state CAPTURE commission with BOSASA cameras in his houses and R500 000 for RAMAPHOSA
busrep Failed to privatize so sabotage
busrep I need a Panado!
busrep and the very very same Eskom Management to oversee this entity with you at the helm,,, early April Fool Joke OR a monumental cluster-fuck of epic proportions heading our way via Gwede & Co
busrep When is that thing going to cut that pubic hair off his chin, it's as ugly as his face
busrep What utter bullshit.
busrep Mxxm
busrep Ya....because they ran the old company so well why not start a new one.
busrep So what's the point of having TWO 'ESKOMS' ?
busrep For this to happen Eskom must be split into the three companies as proposed.
busrep Amazing how we celebrate a fish that swims in SA under ANC rule. ..
busrep What about other industries. Right at the front of that list is the sugar industry - they can do it cheaply and rapidly. OCGT generators burning surplus biodiesel and ethanol.
busrep Wtf they can’t run one that’s already established but want to make a new one . Sounds like a black hole for corruption.
busrep 😂 😂 😂 Corruption Is looming weer
busrep 👏 👏 👏 Good News..
busrep They failed to privatize Eskom?
busrep Finally.
busrep Finally but let it become a reality
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