Eskom’s inability to function effectively has again emerged with the latest financial information released. Municipalities already owe Eskom R23.5 billion, according to the report released by Minister Pravin Gordhan. The disclosure shows that the debt to be paid to Eskom is still rising, and is a sign that the entity is not prepared to set..
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Eskom’s municipal debt rises to R23.5 billion – Lets face it! Management and board of directors do not possess management skills to run this entity
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Energy Corporation chairman step down after a mere 7 months – just another failed SOE that is run with incompetence
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The chairman of the board of directors of South Africa’s Nuclear Energy Corporation, Rob Adam, filed his resignation after only seven months. The Corporation is struggling to survive because of financial reasons than just another state-controlled entity that is apparently run with incompetence. The entity also undergoes a so-called restructuring that will require some 400..
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