During his speech before the SONA the ANC president, Cyril Ramaphosa, said Eskom could not go down and that the state would see to it that there is enough funds available to keep the entity going.
According to experts, its R230bn is not enough to save the failed power supplier.
Chris Yelland, a well-known energy expert, believes the money supply does not address the core issues. Ramaphosa did not say how the government will address the underlying problems and no vision is feasible.
He didn’t even have the support of the ANC’s partners. From black business circles, Ramaphosa is requested to announce a timeframe with specific guidelines on how and when the entity will be rescued.
Cosatu mentions that leadership instability is the problem with state entities but does not mention that it is black leadership responsible for failure. Even Ramaphosa’s employment promises of almost 17 000 opportunities per month sound like a dream.
-Read the original article in Afrikaans on die Vryburger
This report does not necessarily reflect the opinion of SA news.