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Eskom did not heed good advice years ago to build more powerstations.
And so Namibia, Botswana, Zambia and Zimbabawe must also now suffer alongside South Africa’s population and industry for Eskom’s complete failings and myopia combined with their total lack of intelligent business/commercial insights and forecasting abilities for energy requirements to meet future population/industry growth.
It take 6-8 years to build and get a powerstation online producing energy for the national grid. What are they going to do about it - run a 3rd world country’s 1st world economy between power cuts?!
Guess what - the next exodus to Europe, Australia and America is about to begin.
1 comment so far ↓
Ag, hell. The silver lining is long afternoons out of the office and dinner by candle light. Not spectacularly good for the economy though. ’specially when Eskom tells Government not to lure foreign investors, because they can’t “support investment infrastructure”. And then shuts down our biggest industry, mining, because they can’t actually support that either.
Aah. And I though we were over this whole “Dark Continent” thing.
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