Sorry, South Africa, for the damage we are causing to the economy - Eskom
Apologies to South Africa for the damage that we are causing in terms of the economy…Khulu Phasiwe, Eskom
We’re likely to see a reduction in the levels of load-shedding by Thursday…Khulu Phasiwe, Eskom
Eskom wants the government to take on R100 billion of its debt.
The state-owned utility is facing ever-expanding debt levels and liquidity problems.
Eskom Chairperson Jabu Mabuza last week said he was against asset sales to solve Eskom’s problems, preferring a bailout from taxpayers instead.
The electricity provider forecasts a loss of R11.2 billion this financial year.
Listen to the interview in the audio below (and scroll down for more quotes from it).
We’ve put together a 9-point plan to stabilise the system…Khulu Phasiwe, Eskom
The load-shedding we see now is not a result of the shortage of coal…Khulu Phasiwe, Eskom
Medupi is almost there… we only have one unit yet to be connected to the grid… Kusile still has a long way to go…Khulu Phasiwe, Eskom
We have about 27 days [of coal supplies]… We shouldn’t be on this level… something has gone seriously wrong…Khulu Phasiwe, Eskom
We have 27 new coal contracts…Khulu Phasiwe, Eskom
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This article first appeared on 702 : Sorry, South Africa, for the damage we are causing to the economy - Eskom
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