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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How do you explain it? Only 18 of the 257 municipalities in South Africa are functionally correct
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The Auditor-General, Kimi Makwetu, pointed out the big sore in the economy of the country. In his latest report, he shows that politicians and officials simply ignore his office’s recommendations. The other truth that emerges is that municipal councils do not have the necessary skills to handle finance. Only 18 of the 257 municipalities in..
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Why Ramaphosa may have wanted to tie white people to trees – SA economy is dying while high-skilled emigration continues!
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Prolonged low economic growth could lead to even more economic flight by those with skills and capital, regardless of racial grouping. Is South Africa’s “radical transformation” from a leader to a laggard in the upper middle-income countries the cause or the result of a brain drain? It is hard to tell. What is certain is..
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