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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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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Black advantage at the expense of the entire country and its residents does not work – “Bring white engineers back to save Eskom from ruin” asks NUMSA union
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Skill, knowledge, competence, reliability, and realistic remuneration have won over the ideology of black favoritism at the expense of the entire country and its inhabitants. The trade union Numsa has now, after 25 years of other thinking, called on the regime to put together a team of experts in collaboration with the unions to save..
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NO SABOTAGE AT ESKOM – POWER GRID IN SA FACES TOTAL COLLAPSE
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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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#Rollingblackouts in SA mos definitely caused by BEE, racial quotas, cadre deployment and outright looting!
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Yes, without a doubt the c-ANC-er broke Eskom, like they broke everything else. And they are making money from it too. It is known that the ANC’s investment arm called Chancellor House made a 5000 % profit on its investment in Hitachi South Africa which had the tender for the boilers of Medupi and Kusile..
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#RollingBlackouts are back due to a shortage of power generation at Eskom power stations contributed by lack of skill
Medupi and Kusile power stations are still “off the grid” due to poor construction work, corruption and cost overruns
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More than 600 senior officials from Eskom and some executives were informed of the entity’s “turnaround” plan. According to documentation, Eskom is sitting without cash and has almost completely collapsed on several occasions. R130bn has been loaned to the power provider and the state is expected to help as government announces increased tariffs. Eskom unbundling..
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Eskom in deep trouble as China withholds crucial R7-billion loan – partial loan to be paid out by China to bankrupt Eskom never occurred due to fears that bankrupt state entity would use money to pay salaries
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China is withholding a R7-billion payment meant to help Eskom combat its current financial issues due to fears that the power utility will not complete its power station construction projects. According to a report in the City Press, the Chinese Development Bank (CDB) has become wary of Eskom’s promises and is concerned that it will..
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Problems at Eskom hit rock bottom – rocks are being sold to Eskom as coal by fraudulent suppliers, poor quality coals the cause of six turbines seizing at power stations
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Load shedding has been an unwelcome visitor to South African homes this year as Eskom continues to fail in its responsibility to keep South Africa’s lights on. A recent discussion on SABC about load shedding highlighted the extent of the problems being faced at the power supplier. These include the poor quality of coal used…
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Lie of Eskom continues – Consumers can prepare for many more days of #Rollingblackouts, and further deterioration of the economy, as each day’s load shedding causes the debt burden to rise by R2 billion
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The lie of Eskom continues, and the 1,100 MW bought from Mozambique and now being unavailable is only the tip of the iceberg of tragedies. Maintenance at the Eskom power stations has been taboo for years – it was always white people’s way of wasting money and labor, and the ANC regime, with its strange..
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With power stations that explode and load shedding that has been initiated again will put David Mabuza’s urgent plan-of-action on Eskom in jeopardy
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Mabuza broke down the government’s plan to save a sinking Eskom. As Eskom continues to warn consumers of rotational load shedding, Deputy President David Mabuza has told Members of Parliament that the power utility has developed a detailed turnaround plan to address its challenges. “…Eskom has developed a detailed turnaround plan to address its structural,..
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ESKOM gives a US company a blank cheque, and they are cashing it in for a whooping R13bn
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The US company that designed the extremely flawed Kusile Power Station in Mpumalanga was given a blank cheque by Eskom, which it cashed in to score R12 billion. Despite the fact that the engineering consulting firm Black & Veatch, which is situated in Kansas in the US, delivered shoddy work that continues to hobble Kusile’s..
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During the ANC regime, roughly R500 billion has been looted by Eskom contractors, which partly explains why South Africa is in such a big financial mess – it is unsure if the culprits will be brought to justice
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A Special Investigation Unit is currently investigation more than eleven contractors whom are suspected of robbing the power utility of billions of rand. The contractors looted R130 billion from Eskom during the construction of the two new power stations, Medupi and Kusile as well as the Ingula power station. From the so-called “inner circles” it..
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South Africans should brace for more rolling blackouts as the power grid is unstable and cannot produce enough power to sustain the country
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Eskom warned of wider controlled power cuts on Monday after six additional generating units unexpectedly went offline. The power utility launched stage 4 load shedding, which requires the shedding of 4 000 megawatts from the grid. The Cape Chamber of Commerce and Industry is shocked by the sudden dramatic increase in load shedding. “How is..
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There you have it! – Chinese Bank Takes Absolute Control Over All Eskom Power Stations In South Africa If Default In Payment Plan Transpires
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In another huge loan of 33.4 billion rand the Chinese Exim Bank (Export-Import Bank of China) will take over the Eskom Facility Plant in South Africa. This was announced by a recent tweet from Exim Bank. Eskom is a South African electricity public utility, established in 1923 as the Electricity Supply Commission. Eskom operates a..
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This is what happens when BEE contractors are prefer over skilled labour!: Medupi and Kusile- The two new coal-fired power stations’ “error” repair costs already amount to R2 billion.
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According to observers, the repair costs of errors at the Medupi and Kusile coal-powered power stations are already nearing R2 billion. This puts the expected start up costs at R292 billion, which is twice the initial estimated cost. The device that grinds the coal, the furnaces and other systems at both plants does not function..
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