Streaming issues? Report here
capetalk-classicspng
CapeTalk Classics
14:00 - 17:00
volume_up
volume_mute

Up Next: Jazz Sessions on CapeTalk Classics
See full line-up
CapeTalk Classics
14:00 - 17:00
Home
arrow_forward
Business

No magic wand to fix Eskom woes, it could take a while to get it back on track

22 November 2018 8:51 AM
Tags:
Eskom
Loadshedding
Eskom coal supply
Eskom is at a critical stage and does not have enough capacity to meet its power demands says, Prof Anton Eberhard.

Emeritus Professor and Senior Scholar at the UCT Graduate School of Business, Prof Anton Eberhard says Eskom is at a critical stage and does not have enough capacity to meet its power demands in South Africa.

The parastatal implemented stage one load-shedding this week due to trouble with its coal supplies.

Eberhard says the utility had troubles with management and governance during the Zuma period and it could take some time before things are back on track.

I think there is potential that management systems will be improved again and performance will be improved in that they will be able to get out of these difficulties

Prof Anton Eberhard, Emeritus Professor and Senior Scholar at the UCT Graduate School of Business

Eberhard says for Eskom to get its ducks in a row, it's going to have to restructure its business model and address its bloated workforce.

Just before Zuma came in 32 000 people were employed at Eskom and that number is now 48 000 which is extraordinary what happened in 10 years which is going to be an even bigger battle to fight.

Prof Anton Eberhard, Emeritus Professor and Senior Scholar at the UCT Graduate School of Business

To hear the rest of the discussion on Eskom, listen below:


22 November 2018 8:51 AM
Tags:
Eskom
Loadshedding
Eskom coal supply

More from Business

10 unexpected things that most truly rich people have in common

13 September 2019 2:44 PM

Personal finance expert Warren Ingram on the money values that those "worth" R40 million or more almost invariably have in common.

Read More arrow_forward

'Peter Moyo is not required – nor permitted – at work'

13 September 2019 2:32 PM

Old Mutual is not backing down in its fight with fired CEO Peter Moyo. Ray White interviews EWN’s Nthakoana Ngatane.

Read More arrow_forward

Prasa assets not insured, you are riding at your own risk - Mantshantsha

13 September 2019 1:04 PM

Daily Maverick's Sikonathi Mantshantsha says Prasa is on a downward spiral and trains no longer have risk insurance cover.

Read More arrow_forward

Jeremy Mansfield gets real about his money and beliefs about it

13 September 2019 1:03 PM

Bruce Whitfield interviews Jeremy Mansfield about his attitude to money (hopes and fears, successes and failures, etc.).

Read More arrow_forward

'Getting people out of their homes and into a restaurant is challenging'

12 September 2019 7:08 PM

Spur Corporation says it has experienced some pressure as customer spend is limited due to a slowing economy.

Read More arrow_forward

Steinhoff's R53 million penalty is still the highest paid fine in SA - FSCA

12 September 2019 6:33 PM

The company which was initially slapped with a R1.5 billion fine is now required to pay R53 million.

Read More arrow_forward

Here's why a merger for SAA, Mango and SA Express would be a disaster

12 September 2019 5:04 PM

SA Flyer Magazine's Guy Leitch says while in some ways it may be cost-effective, the merger itself would be very expensive.

Read More arrow_forward

'We had a disdain for money. Material possessions counted for so little'

12 September 2019 3:20 PM

Justice Albie Sachs talks about his attitude to money (hopes and fears, successes and failures, etc.).

Read More arrow_forward

Naspers spin-off comes in at R1,200 a share

12 September 2019 11:47 AM

Prosus made a good start to its first day of trading on the JSE, opening at R1,238 a share.

Read More arrow_forward

What is better - money in the bank or investing in shares?

12 September 2019 11:17 AM

Personal finance expert Warren Ingram offers a definitive answer with an explanation ordinary people can understand.

Read More arrow_forward