Eskom loses R2-billion to cable theft per year, blames scrap metal market

  • 📰 ewnupdates
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 53%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Eskom loses R2-billion to cable theft per year, blames scrap mental market

Eskom says it has noted an increase in vandalism at their sites and this costing them billions of rands.

Pillay says the groups that steal the cables present themselves heavily armed and they are properly organised. She adds that they are more vulnerable when there is power failure. At Eskom we experience approximately R2-billion in losses as a result of cable theft. Between all of the SOEs in the country particularly Prasa, Telkom and Eskom it equates to approximately R7-billion losses per annum.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 30. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Scrap mental🤔

The scrap yards must be prohibited in this country

No .. they buy from thieves! And the thieves are who?

Blame not the government it's cake to do so let's put it squarely on police and inspectors then we can penetrate through to that Venda guy

Yes they treating the scrap yard market the same way GBV against woman is bring handled, NOTHING HAPPENS!!

I say scrap dealers are the instigators (not reporting to authorities) on these types of crime . Somehow govt. must make copper 'valueless' on these transactions except plastics,glass ect. However scrap dealers are booming in our economy all for the wrong reasons!

Lame the lack of actionable policies of the anc

Yep, they are going 'mental' over it

I cannot believe for one moment this crime is that difficult to solve. Give me manpower and a budget and I will squash it in a year. Unless ‘we’ don’t want to and believe R2bn is small change.

Ban scrap metal trade

Mental?

Blame Zimbabweans

Who gave them permission to run those scrap yards?

South Africa should just shut down the scrap metal market.

Why can't arrest those who are involved?

South Africa South Africa Latest News, South Africa South Africa Headlines