Taxpayers, electricity consumers spent R300 billion on Eskom's 2 mega-mistakes

Kusile and Medupi power stations – among the largest coal-fired generators on Earth - are badly managed, poorly designed, years behind schedule and massively over budget, costing taxpayers and electricity consumers R300 billion to date.

They are the most expensive projects in the world, according to Professor Makgopa Tshehla of the Unisa Graduate School of Business Leadership.

They remain highly unreliable to this day.

The Money Show’s Bruce Whitfield interviewed Tshehla.

Listen to the interview in the audio below.

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This article first appeared on 702 : Taxpayers, electricity consumers spent R300 billion on Eskom's 2 mega-mistakes


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