The R100-billion debt support Eskom has requested from government is not nearly enough to return the struggling utility to sustainability, says Business Unity South Africa.
South Africa will deploy police and intelligence officers at Eskom power stations to prevent sabotage as the government implements a plan to end outages and help the utility recover.
A lobby group representing South African banks has urged President Cyril Ramaphosa to prioritise the country’s wider interests rather than securing votes for the ANC.
President Cyril Ramaphosa reached out to labour unions that oppose his plans to break up the state power utility on Thursday, reassuring them that the move is not aimed at privatisation.
The response to this week’s unexpected wave of rolling blackouts load shedding – by practically everyone – has been completely unimaginative. Predictably so.