Now the truth comes out, and it is not what Ramaphosa told you . Ramaphosa told the country this past Wednesday that sabotage was the reason for phase 6 loadshedding and it happened when an unspecified instrument was disconnected from one of the boilers at the Tutuka power station and that this led to the..
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NO SABOTAGE AT ESKOM – POWER GRID IN SA FACES TOTAL COLLAPSE
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Experts say R230bn is not nearly enough to save sinking Eskom and believe leadership leadership and instability is the biggest problem at state entities
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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..
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Eskom on the verge of financial ruin and cannot cover its interest payments
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Ted Blom, an energy expert, said in an interview that Eskom is on the verge of financial ruin. The remark from Blom follows after the promised loan from China to Eskom did not materialize. Currently, Eskom is selling too little electricity to cover its operational costs and interest payments. Pravin Gordhan believes Eskom will take..
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South-Africans, brace yourself! Load-shedding is coming back – I guarantee it, says energy expert Ted Blom
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Speaking to MyBroadband, energy expert Ted Blom stated that load-shedding will “absolutely” return and it was only a matter of time before the power cuts were back. “We are not anywhere near winter,” said Blom, referring to the fact electricity demand peaks during the cold season. Eskom has stated that South Africa has a “peak”..
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You’re paying more than double what you should for electricity in SA
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Energy expert Ted Blom says that South Africans are paying more than double what they should be for electricity in the country, and it’s funding Eskom’s corruption and mismanagement. Eskom this week reported a loss after tax of R2.3 billion for the year ended March 31 from a profit of R900 million 12 months earlier…
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