Eskom burns on through bailout | Business | M&G

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🔒 Concerns are growing about whether Eskom will bankrupt itself to keep the lights on for the next 10 days until the national elections. This comes after the government coughed up a R5-billion emergency bailout at the beginning of April.

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😳😳 question is can the count? What's a 0 here and there between themselves?

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Business Maverick: Eskom `Is Not on the Brink of Financial Collapse,’ Gordhan SaysSouth Africa’s state-owned power utility “isn’t on the brink of financial collapse” and the government has the problem “well under control,” Public Enterprises Minister Pravin Gordhan said. Agreed. It is WAY beyond that already. Had it not been for its corrupt benefactor .............🤔
Source: dailymaverick - 🏆 3. / 84 Read more »

Eskom must attract people with appropriate skills: Analyst - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.The expertise of the retired Absa Group Chief Executive, Maria Ramos might be brought in to lead the process of unbundling Eskom into three components. Yes, South Africa, SKILLS NOT SKIN COLOUR! Just because your skin is a certain color doesn't automatically mean you can do the job! Wake up, you boneheads! Skills are there in Eskom they are just overlooked. This people with experience from elsewhere bring failure. People who understand the business will make better decisions. The once who left are overrated. Do you want to tell me out of over 40 000 employees there is no capability And what do they do with the thousands of people there now who have no skills😳😳
Source: SABC News Online - 🏆 32. / 51 Read more »

Eskom unbundling won't solve its financial crisis: Analyst - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.%Energy expert Ted Blom says the unbundling of Eskom into three components will not solve its financial crisis.% Analysis aren't facts. What will save Eskom then? Eskom challenges must be dealt with seriously. Power went 2hrs ago n i wonder if this is load shedding.
Source: SABC News Online - 🏆 32. / 51 Read more »