Eskom | Radio 95.0FM

Eskom problems not solved yet – Possibility of load shedding exists in the coming months

Posted on September 24, 2019 Leave a comment

The DA said in a statement on Thursday that it had reliably heard that Eskom had issued a warning to municipalities about the “strong possibility of load shedding in September and October” this year.

Natasha Mazzone, DA’s shadow minister of public affairs, said in the statement that the opposition party has now written to Eskom chairman Jabu Mabuza for transparency in order to clarify the matter.

“Eskom has continually failed in its mandate to provide reliable and sustained electricity supply and it appears as if millions of South Africans and the faltering economy will be abandoned by Eskom again,” says Mazzone.

According to the statement, each load-bearing phase is estimated to cost the country about R1 billion a day.

“Eskom has repeatedly plunged our country into deep trouble. South Africa cannot afford a repeat of the load shedding of the country earlier this year, ”says Mazzone.

The DA is of
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Medupi and Kusile power stations are still “off the grid” due to poor construction work, corruption and cost overruns

Posted on August 26, 2019 Leave a comment

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 continues but will take four years to finalize. So the future is still bleak around the entity with its overloaded workforce and top structure officials.

In the last two years, Eskom reported a loss of R2.3 billion while R19.6 billion was wasted on unauthorized expenses.

In the meantime, Medupi and Kusile power stations are still “off the grid” due to poor construction work, corruption and cost overruns.

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Taxpayers will now have to bailout the Ramaphosa regime after Moody lost patience with SA’s poor economic situation and proposes a tax increase

Posted on August 26, 2019 Leave a comment

The poor economic conditions, unemployment, little foreign interest, the land grab program, Eskom and other entities’ financial inability are all reasons why the country is in such a mess.

Moody’s has pointed out to the ANC-regime that it will have to raise taxes to fix the mess at Eskom, which is the first step to a series of tax hikes.

With the SABC, Denel, SAL, Eskom, and several other entities failing to be a profitable industry as it was years ago, the regime is pushing to raise taxes.

The poor decision to launch a National Health Plan while the country is in junk status is considered to be one of the stupidest decisions the Ramaphosa regime has yet made, which will also lead to astronomical increases in taxes.

Moving out of professional corps such as doctors, nursing staff, lawyers and others is the strongest indication that the country is heading for an enormous crisis that cannot be reversed.

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Natasha Mazzone (DA) fears Eskom could plunge SA into a “Chinese debt trap”, China is already taking countries for bad debts

Posted on March 8, 2019 Leave a comment

The revelations about Eskom are pouring in from the state capture inquiry. Natasha Mazzone believes their secret deals with China are “risky business”.

We’ve experienced a shuddering last few days at the state capture inquiry. Former Eskom executives who were present when the rot of corruption set in have lifted the lid on some pretty heinous behaviour: It’s been enough to convince Shadow Public Enterprises Minister Natasha Mazzone that the utility has put South Africa on a precipice.

Eskom’s risky business
Well, where do we start? We heard on Friday that ex-Chief Financial Officer Anoj Singh wanted to jump head-first into a R25 billion loan with Chinese firm Huarong Energy. Eskom treasurer Andre Pillay told the commission that the crippling financial deal only fell at the final hurdle when terms couldn’t be agreed later down the line.

Then you’ve got the jaw-dropping situation with Tegata: Eskom gave
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Gordhan hires “specialists” to investigate unplanned rolling blackouts at Eskom’s, however the problems are largely due to inexperienced staff not having the ability to do the work according to requirements

Posted on March 6, 2019 Leave a comment

Gordhan hires 11 “specialists” to tend to Eskom’s problem, however the unplanned rolling blackouts is largely due to inexperienced staff in-service, and lacking the ability to do the work according to requirements.

Minister Pravin Gordhan has appointed eleven industry specialists as the “Eskom Technical Review Team”.

The coordinator is Dr Tsakani Mthombeni, chair of the Energy Intensive Consumer Group, and he also serves on Ramaphosa’s “Sustainable” Eskom Task Team.

The team must investigate unplanned maintenance outages that are not applied to a scheduled system.

Operators errors that cause units to turn off unplanned, technical and other operator related issues that prevent units from functioning effectively form part of what needs to be investigated.

However, experts argue that the problem is largely due to the inexperienced staff, and not having the ability to do the work accordin
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Widespread corruption and mismanagement are the order of the day at KZN municipality – Eskom debt amounts to nearly R50 million – Municipalities under the control of the ANC are folding, one after another

Posted on March 5, 2019 Leave a comment

The ANC’s “policy” to make the country ungovernable is producing vigorous fruit.

The Abuqulusi municipality (Vryheid) owes Eskom just short of R50 million. Widespread corruption and mismanagement caused the council to be placed under administration.

Suddenly, the Natal Department of Co-operative Awakened Government and Traditional Affairs and stated that they were “stunned” about the state of the municipality.

Read the original article in Afrikaans on Die Vryburger

This report does not necessarily reflects the opinion of SA-news.

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Thanks to the ruling ANC regime, SA’s economy outlook is getting worse with Eskom already plunging the country deeper into debt

Posted on February 19, 2019 Leave a comment

In an exclusive interview conducted by Die Vryburger with a well-known political analyst, it seems that 2019 is not a year of good prospects.

The anonymous expert says the projections are getting darker with Eskom, who is already plunging the country into debt with loadshedding.

In addition to the enormous R2 billion it cost daily to endure load shedding, it has a very negative impact on potential investors abroad.

The recession in which SA is currently, along with the tremendous debt burden of the state, forces the Finance Minister to take unfavorable measures to balance the scale, but cannot tamper with it because the election is at the door.

He says there is no reason to think that it will improve in the economic sphere in the second half of 2019, because the Rand is doubtful, gold mines are shaky because of the power supply’s load shedding, and this increases the possibility of higher unemployment. means that less personal tax i
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Guptas at it again – workers unpaid but lavish R100m double wedding planned – most likely funded by the ANC-regime?

Posted on February 12, 2019 Leave a comment

The Emirates Palace hotel in Abu Dhabi where the Gupta family are reportedly hosting a lavish double wedding in February 2019.

The Guptas are reported to be hosting a lavish double wedding at a palatial hotel in Abu Dhabi.

The AmaBhungane Centre for Investigative Journalism published a nine-page wedding invitation on Friday and said the bash, an event lasting five days between February 19 and 23, could end up costing as much as R100m.

“The wedding is a double-feature, with Rajesh ‘Tony’ Gupta’s daughter Shubhangi Singhala marrying Chetan Jain and Atul Gupta’s son Srikant Singhala tying the knot with Akhya Bansal.

“This is the third publicly lavish wedding the family has funded,” said AmaBhungane.

The logos of Gupta companies in South Africa, including the Koornfontein mine where miners have gone unpaid, are featured in the wedding invitation.

The publication said a request for comment direct
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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

Posted on February 6, 2019 Leave a comment

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 number of notable power stations, including Kendal Power Station, and Koeberg nuclear power station in the Western Cape Province, the only nuclear power plant in Africa.

Eskom generates 95% of electricity in South Africa and has the only nuclear power station in Africa.

The company is divide
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Lies, Lies and just more lies! It is absolutely sickening how Ramaphosa is deceiving the world by telling foreign investors at Davos that law and order are recovering in the SA, but in the same breath does not mention anything about the 50 killings that take place daily

Posted on January 27, 2019 Leave a comment

The ANC president, Cyril Ramaphosa, announced that plans to stabilize Eskom would be announced within “a few weeks”.

According to him, the power supply is therefore unstable. However, he has not expanded what the plans are to pay off the R420bn debt.

He also boasts in Davos that law and order are recovering in the country, but mention nothing of the 50 murders that take place daily in the country.

It is said corruption took place while Ramaphosa was in the seat as the ANC’s deputy president of the country and he did absolutely nothing to stop it. So why will he step in now? To recover under the dispensation of the ANC-regime where many corrupt people are sitting in key positions, will be a very challenging task and in some instances not physically possible.