Today's Big Stories

Eskom's downward spiral, Ramaphosa, solutions to fund e-tolls infrastructure

Eskom's downward spiral:

Eskom's lack of forecasting sees it in a downward spiral, which has led to the current energy crisis, as Wits University scenario planner Koffi Kouakou attests:

You want to draw a map of uncertainty that you can navigate because you can never get rid completely of uncertainties and risk. So you tend to find different scenarios - ways in which the future can unfold - by which you can make you decisions better and to manage risks in a way that it’s favourable for you. In the case of Eskom, what we’ve got is a downward spiral and it’s beyond the issue of darkness and light, but more on the broader energy provision and maintenance for the whole of South Africa and hopefully with the Deputy President being involved, we’ll be out of the woods.

What can Ramaphosa do for Eskom?

EWN Senior Correspondent Gia Nicolaides on this story: there is still no indication of government's Eskom plans and no announcement as yet on its plan of action to help Eskom financially. While Deputy President Cyril Ramaphosa visited Eskom's headquarters in Johannesburg on Thursday ahead of Eskom CEO Tshediso Matona's media briefing, there's still no clear indication of how government will help the utility keep the lights on in the near future. Matona's briefing noted the current state of the power system, with him saying that extensive maintenance work is needed to secure electricity supply. This means regular load shedding for at least the next three months. Additionally, Eskom is expected to run out of funds by mid-February.

Consultation continues to find funding solution for e-tolls infrastructure:

Following the release of Gauteng's e-toll review panel report by Premier David Makhura, the province's government is in talks with local and national government to find a hybrid funding model for the e-tolls infrastructure which may include higher motor vehicle licence fees, turning off certain gantries, increasing off-peak discounts and introducing time-of-day exemptions. Chairman of the Opposition for Urban Tolling Alliance (Outa) Wayne Duvenage, is meanwhile not convinced:

In their hybrid model or multiple channel funding model, e-tolling still remains prominent, so do you make it work then? As that's the biggest concern. It's pretty much a half-pregnant situation that we don't believe is going to work at all.


This article first appeared on 702 : Eskom's downward spiral, Ramaphosa, solutions to fund e-tolls infrastructure


Recommended

by NEWSROOM AI
Read More
Veterans and ANC not on same page about terms of consultative conference

Veterans and ANC not on same page about terms of consultative conference

ANC vets want civil society groups present at the consultative conference, which they want held separately from another meeting.

Top SABC journos applauded for brave testimony

Top SABC journos applauded for brave testimony

EWN's Gaye Davis summarises the evidence of the SABC journalists who appeared before the ad hoc committee in Parliament.

If you're gona be a hero (and smash a car window), make sure you can prove harm

If you're gona be a hero (and smash a car window), make sure you can prove harm

A criminal lawyer explains what leg citizens can stand on if they witness a child or pet locked in a vehicle in risky conditions.

SABC 'in contempt of court' if Motsoeneng reports for duty, says DA

SABC 'in contempt of court' if Motsoeneng reports for duty, says DA

The DA's James Selfe says it is not clear whether SABC's Hlaudi Motsoeneng will be either fired or suspended pending an inquiry.

Tweeps throw shade as court shows Motsoeneng the door

Tweeps throw shade as court shows Motsoeneng the door

A judge has ruled that Hlaudi Motsoeneng should not hold any position at the SABC and Twitter has wasted no time reacting.

Why family traditions matter

Why family traditions matter

Whether it's breaking bread or celebrating through song and dance, family rituals and traditions can create a sense of belonging.

Popular articles
[LISTEN] EFF's Floyd Shivambu was a beneficiary of stolen money - Pauli van Wyk

[LISTEN] EFF's Floyd Shivambu was a beneficiary of stolen money - Pauli van Wyk

Journalist Pauli van Wyk outlines how VBS approved Brian Shivambu’s R1. 46m home loan, with a little help from his brother.

Two men get away with R70 000 in robbery at Cape Town's World of Birds

Two men get away with R70 000 in robbery at Cape Town's World of Birds

Walter Mangold, the owner of the popular tourist attraction in Hout Bay, was targeted by two men on the premises on Sunday.

Have you run out of steam? 5 tips on how to fight burnout

Have you run out of steam? 5 tips on how to fight burnout

Clinical psychologist Hayden Knibbs explains that the brain begins to disengage from tasks when a person suffers from burnout.

[WATCH] Johnny Clegg opens up about emotional 'The Crossing' video

[WATCH] Johnny Clegg opens up about emotional 'The Crossing' video

South African legend, musician Johnny Clegg talks about the moving recording of his track The Crossing by over 50 artists.

Judge Dennis Davis explains estate duty when your spouse dies

Judge Dennis Davis explains estate duty when your spouse dies

Some recommendations by the Davis Tax Committee were met with concerns from members of the public on how they will be affected.

Here's how to check your load shedding schedule in Cape Town

Here's how to check your load shedding schedule in Cape Town

Eskom has warned that more power cuts can be expected as maintenance continues over the next twelve months.

New Zealand company implements four-day work week after successful trial-run

New Zealand company implements four-day work week after successful trial-run

Employees will still be paid for five days of work, but work for four days.