Streaming issues? Report here
Aubrey Masango 2019 BW Aubrey Masango 2019 BW
The Aubrey Masango Show
20:00 - 00:00
volume_up
volume_mute

The Aubrey Masango Show
20:00 - 00:00
Home
arrow_forward
Business

Democratic Alliance outlines its plan to resolve Eskom crisis

3 April 2019 10:57 AM
Tags:
#LoadShedding
#EskomLoadShedding
eskom unbundling

The DA has a number of suggestions to help Eskom plan ahead and to keep the lights on for longer.

It's been two weeks since the last bout of stage 4 load shedding and Eskom has managed to keep the lights on.

Although South Africans are not left in the dark, the power utility said that we are not yet out of the woods.

DA MP and Shadow Minister for Energy, Kevin Mileham speaks to CapeTalk's Kieno Kammies about the parties proposals to help Eskom run more efficiently.

Read: What legal redress might you have for losses suffered due to load shedding?

One of the things we are saying is that let's unbundle Eskom into two entities - distribution and transmission as well as generation.

Kevin Mileham, Shadow minister for energy - DA

We would look to privatise the generation over time. We are not saying the whole thing goes to one independent power producer, but it will be split up into a number of smaller independent power producers.

Kevin Mileham, Shadow minister for energy - DA

This will introduce competition and allow other independent power producers to supply electricity.

Kevin Mileham, Shadow minister for energy - DA

Mileham says the argument that people will lose jobs and electricity prices will rise is a fallacious one.

When the power plants are privatised, people will still work at the new establishments and competition will keep prices down.

Read also: Load shedding: Can you quantify losses? Join class action lawsuit against Eskom

It will also ease Eskom's debt burden if we sell a power plant for a billion rand.

Kevin Milenam, Shadow minister for Energy - DA

We want to allow cities and municipalities that have the capacity and resources to purchase electricity directly from independent power producers.

Kevin Milenam, Shadow minister for Energy - DA

Mileham proposes the installation of smart electricity meters to ensure users pay for the electricity they use as there is a massive debt build-up as a result of non-payment.

Des Bernado speaks joins Kieno Kammies to discuss the energy crisis.

He worked at Eskom and also served as an advisor to the former shadow minister of energy at the DA, Gordon Mackay, and claims to have helped prevent the Russian nuclear deal from going ahead.

He agrees with some of the proposals put forward by the DA, the splitting of Eskom in particular, but questions the issue of independent power producers.

When the DA says we can just purchase power from IPPs, where will this power come from? Does it come from a wind turbine? It does not, it comes from the national grid.

Des Bernado, Energy expert

For me, this is a political ploy. When you say Eskom has always had a monopoly, this is not the case. Other people have always been allowed to supply into the grid.

Des Bernado, Energy expert

There is nothing stopping the local municipalities from purchasing power from wherever they want and selling it to their customers. The law allows that.

Des Bernado, Energy expert

To hear the rest of the conversation, listen below:


3 April 2019 10:57 AM
Tags:
#LoadShedding
#EskomLoadShedding
eskom unbundling

Recommended

More from Business

Port Louis Mauritius

World Bank declares Mauritius to be a high-income country

7 July 2020 8:36 PM

It’s official – Mauritius is a rich country. It joins Seychelles as the only other African country on the list.

Share this:
Read More arrow_forward

Dar es Salaam Tanzania 123rf 123rfbusiness Africa 123rfAfrica

World Bank declares once-poor Tanzania a middle-income country

7 July 2020 8:09 PM

It’s official - Tanzania, though not yet rich, is no longer poor. Bruce Whitfield interviews Lee Kasumba (Africa State of Mind).

Share this:
Read More arrow_forward

180831-old-mutual-edjpg

Old Mutual's hackneyed new TV ad looks like Allan Gray in green – Andy Rice

7 July 2020 7:38 PM

Ouch! The Money Show's Bruce Whitfield asks Andy Rice why he gives Old Mutual’s new television commercial a “zero”.

Share this:
Read More arrow_forward

Clover blue man

Clover’s trippy blue bottle ad campaign – so bad (and bizarre) it’s good

7 July 2020 7:30 PM

People will be talking about it ‘till they’re blue in the face. The Money Show's Bruce Whitfield interviews ad expert Andy Rice.

Share this:
Read More arrow_forward

Covid-19 insurance 123rf 123rfbusiness 123rflifestyle 123rfpersonalfinance

Shareholder activists grill Santam about 'business interruption insurance'

7 July 2020 6:47 PM

The lockdown did it – not the pandemic – so we can’t pay, argues Santam. Bruce Whitfield interviews Tracey Davies of Just Share.

Share this:
Read More arrow_forward

edcon-club-feejpg

Edcon to sell chunks of Edgars to rival owner of Legit, Beaver Canoe and Style

7 July 2020 6:26 PM

The Money Show’s Bruce Whitfield interviews Grant Pattison, CEO at Edcon, about the deal with fashion retailer Retailability.

Share this:
Read More arrow_forward

Cash money rands

Can businesses refuse to accept cash? Consumer journo Wendy Knowler explains

7 July 2020 4:52 PM

Consumer journalist Wendy Knowler says no retailer has the right to refuse cash payments - even during the Covid-19 pandemic.

Share this:
Read More arrow_forward

fnbjpg

FNB customer? Here's how you'll have to access your statements from August

7 July 2020 12:00 PM

From 1 August FNB customers will no longer receive their bank statements via email. Refilwe Moloto finds out why...

Share this:
Read More arrow_forward

newspapers-pngpng

Media24 will shut down these magazines and newspaper titles

7 July 2020 11:45 AM

Publisher Media24 has announced that a number of newspapers and magazines in its portfolio will either be closed or restructured.

Share this:
Read More arrow_forward

Aisha Pandor SweepSouth Alen Ribic

Job won’t make you rich. You must earn in your sleep - Aisha Pandor, SweepSouth

6 July 2020 8:39 PM

Bruce Whitfield talks to SweepSouth cofounder Aisha Pandor about her attitude to money (hopes and fears, successes and failures).

Share this:
Read More arrow_forward