Eskom said in a statement that the power system was under severe pressure this morning and the power supplier is currently using diesel generators to meet electricity demand. According to the statement, the maintenance of units was delayed, which meant that diesel generators had to run through the night. “Although we have enough emergency reserves..
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Yank your generator closer and grab those candles, chances are huge for #RollingBlackOuts tonight
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Poor South African’s Suffer #RollingBlackouts, Yet Government Officials & Black Elites Buy Lamborghini Aventador’s!
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#TheAfricanWay means “it is my turn to feast at the table and stuff everyone else”. This is clearly shown when Former Eskom Chairperson, Jabu Mabuza’s niece received her new Lamborghini Aventador, price range of Avendators is around R 9.6-million.
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De Ruyter has an impossible task of saving bankrupt Eskom
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The fact that Eskom is in a bad position is common knowledge, and this news are reaching investors abroad. The dire condition of SA’s economy makes investors hesitant to invest in the country since they will be risking their money in the maze. After the ANC regime finally realized, after 25 years of mismanagement, that..
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Despite Billions in Foreign Aid, ANC regime has plundered South Africa into bankruptcy over a 25-year period
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The extremely dire situation in which South Africa finds itself has raised the question of whether it is not yet time to make a survey of everything that has been destroyed in 25 years. A political analyst points out that the first red light came on when municipalities across the country, all of which had..
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SA chrome firms warn of more than 1,200 job cuts – Eskom’s unreliability and rising tariffs were some of the main reasons for the layoffs
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Joint venture partners Glencore and Merafe Resources could cut up to 665 jobs and have started consultations with workers at their Rustenburg ferrochrome smelter. Local chrome firms on Monday warned of more than 1,200 potential job cuts, citing power cuts, rising electricity tariffs and increased competition from overseas. The potential layoffs highlight the risks posed..
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Eskom drops electricity price bombshell – Consumers will pay ‘50% more’ for electricity if Eskom beats Nersa in court
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The power utility is challenging tariff increases approved by the National Energy Regulator of South Africa (Nersa) for 2019 to 2022. If Eskom gets its way, consumers will pay 50% more for electricity. Eskom contends that approving increases by 9.41% for 2019-2020, 8.10% for 2020-2021 and 5.22% for 2021-2022 instead of the requested 16% was..
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Why Africans Should Never Have Nuclear! Bomb Goes Off Under Energy Minister Gwede Mantashe As Bankrupt NECSA Board Suddenly Resigns!
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When it comes to nuclear, there is no such thing as leaving things to chance or not having ample room, and money, to cover all the bases. It became clear the ANC regime has no clue what this means as the NECSA board resigned, amidst information that NECSA is totally bankrupt. As the rats jump ship, will we ever find out what THEY did with all the money? Or is Gwede simply not up to the job of budgeting for his department, having been warned June last year?
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Brace yourself for stage 8 #RollingBlackOuts or 10-hour daily blackouts, as corrupt municipalities are preparing for the worst
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Eskom was forced to implement stage 6 load shedding in December – its worst ever blackout – sending the country into a panic as not many people were aware of what that stage actually meant for them. Municipalities too, were caught off-guard, with Johannesburg electricity distributor City Power saying at the time that it had..
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Bankrupt Eskom holds ANC regime hostage with ongoing #RollingBlackOuts
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It is not only the ANC’s president who lied to foreign countries and in parliament about SA’s condition but also sustained on another lie. Eskom said he would ensure that no load shedding will be applied before January 13, and then the ANC’s Cyril Ramaphosa believed the lie and went on to sell the lying..
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Greedy Ramaphosa & ANC Want More From Their Personal BEE Cash Cow, Eskom – He Finally Admits Medupi & Kusile Are Unreliable (Have Been Bled Dry) Even As The Blame Game Rages On…
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Planning to fail: Having pocketed millions, if not billions, by plundering Eskom in all sorts of ways through a variety of tender companies and who knows what else, it seems Cyril and The ANC have finally realised the Medupi & Kusile projects have bled dry, and are now looking for new ways to employ (steal) taxpayers money, to continue bleeding them dry… yet another new huge expensive project with new tenders, contracts, bribes & kickbacks. It is the same all over South Africa, build a new school, extort tenders, contracts, bribes & kickbacks. Then burn it down and steal more from the taxpayer by building another school with more tenders, contracts, bribes and kickbacks. The African Way.
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SA’s expected economic growth is adjusted to 0.9% for 2020 – ANC regime is responsible for SA being in such a mess
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The World Bank has just adjusted South Africa’s projected economic growth to 0.9% for 2020 amid the uncertainty surrounding Eskom and load shedding. The 1.3% growth that the World Bank initially predicted for 2019 has now also been adjusted to 0.4%. In spite of these realities, the ANC clings to the ideology that got us..
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Eskom is now clearly lying, obfuscating and playing with words after it came to light that they are planning to pay out R1, 8 billion in bonuses by saying that it is 13th cheques, not bonuses.
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Take into consideration that it was Nersa – National Energy Regulator of South Africa – that called it bonuses in court papers, which is obviously statements made under oath. Does Eskom now wants us to believe them over Nersa? Eskom is now playing word and mind games with us by saying that it is 13th..
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BEE has de-industrialised SA, pushed it backwards in time – The oppressed has become the oppressor, and technological advancement is no longer possible as we enter the New Sanitation Dark Age
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Zimbabwe had land expropriation as the spark that caused its economy to implode. South Africa has a slower, but equally insidious, government policy that is pushing it backwards in time: Black Economic Empowerment (BEE). This warped system has enabled corrupt individuals to benefit personally from contracts as the country’s key services have steadily eroded. While..
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Solidarity: Eskom is in crisis due to years of looting, mismanagement and race obsession; asking taxpayers to fund R1.8 billion in performance bonuses is wrong
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Eskom is in crisis and should be treated as a crisis. The company is hopelessly bankrupt and operationally fragile due to years of looting, mismanagement and race obsession. The new CEO, André de Ruyter, has to be given comprehensive powers similar to that of a business rescue practitioner. If Eskom is not treated as if..
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#TheAfricanWay – SA Faces Extended #RollingBlackouts Due to Collapsing Infrastructure Yet Eskom Secretly Wants To Pay R1,8 BILLION (R88,000 per employee) in Performance Bonuses!
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Eskom seems to have a strange idea about what a performance bonus is and why it actually gets paid. It secretly wants to spend R1,8 BILLION on performance bonuses for the current and following 2 years, even as we face phase 4-6 loadshedding at the moment and it seems like daily rolling blackouts will be with us for quite some time.
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