When a problem crops up that needs to be solved by a government in a democracy, usually it is in the direct interest of that government to ensure that it is solved. If it is not, or if some other person or agency cannot be blamed for the problem, that government runs the risk of being voted out of power.
It would appear that our government doesn’t seem to be that worried about something that matters to all of us. Eskom is on the verge of a precipice. And government is not giving any indication that it is any closer to finding a solution.
The problems facing Eskom are so large, and involve numbers that are frighteningly big. In a nutshell, there are two looming, expensive problems. Firstly, Eskom is has been running its diesel generators hard, and needs about R22bn – that’s twenty-two billion rand – for more diesel. Secondly, it needs a whole new funding model so that it can continue to build its power stations at Medupi and Kusile. Or, if you’re now a little cynical about this, it says it needs the money so it can keep telling us how much delayed Medupi…
Source : Daily Maverick