Streaming issues? Report here
Lester Kieviet 2019 1500 BW 2 Lester Kieviet 2019 1500 BW 2
Tonight with Lester Kiewit
21:00 - 00:00
volume_up
volume_mute

Tonight with Lester Kiewit
21:00 - 00:00
Home
arrow_forward
Business

Gordhan's Eskom plan lacks substance, says energy analyst

30 October 2019 11:18 AM
Tags:
Eskom
Pravin Gordhan
Minister of Public Enterprises
Ted blom
eskom unbundling

Public Enterprises Minister Pravin Gordhan released a policy paper on how the government plans to rescue Eskom.

Independent energy expert Ted Blom says the document outlining government's plan for Eskom is full of promises and vague ideas.

Public Enterprises Minister Pravin Gordhan delivered a special paper that detailed plans to restructure the struggling state-owned enterprise.

Blom argues that the document fails to provide a clear plan on how the government will turn around the cash-strapped power utility.

He says the only clear information in the policy document is the deadline for the unbundling of Eskom and the date for the appointment of a new CEO.

Furthermore, the analyst says there is no cost-benefit analysis to justify the unbundling of the utility.

It seems to be that it's more mumbo jumbo... There's very little substance to the whole document.

Ted Blom, Independent energy analyst

I've yet to see a cost-benefit document or strategy document on the benefits of unbundling versus the costs of unbundling.

Ted Blom, Independent energy analyst

The transition to green has also not been quantified.

Ted Blom, Independent energy analyst

We seem to be dealing with a wish list of certain politicians.

Ted Blom, Independent energy analyst

Listen to his full analysis:

Read the full Roadmap for Eskom below:

Roadmap for Eskom by Primedia Broadcasting on Scribd

Subscribe to our Business Wrap Newsletter


30 October 2019 11:18 AM
Tags:
Eskom
Pravin Gordhan
Minister of Public Enterprises
Ted blom
eskom unbundling

Recommended

More from Business

fikile-mbalula-briefing-30-maypng

Curfew on public transport to be lifted, domestic air travel phased in

30 May 2020 4:44 PM

Transport Minister Fikile Mbalula outlined the relaxation of transport regulations under Level 3 of the national lockdown during a media briefing on Saturday.

Share this:
Read More arrow_forward

Drive-in cinema 123rf 123rfbusiness 123rflifestyle

Cape Town gets a drive-in cinema - with an LED screen for daytime watching

29 May 2020 2:39 PM

Initially, it’ll allow up to 150 cars, says Mother City Drive-In co-founder Lyle Masters.

Share this:
Read More arrow_forward

white-wine-glassjpg

Online wine store shuts its 'doors' temporarily due to influx of orders

29 May 2020 1:19 PM

Getwine.co.za COO says before lockdown there was also a rush of sales and in fact, many liquor stores depleted their stock.

Share this:
Read More arrow_forward

Accountant accountancy business 123rfbusiness 123rf

Cape Town accounting firm pivots to help small businesses deal with Covid-19

29 May 2020 11:42 AM

Bright Path Consulting invested in mask-making with a group of women in the community and gave Groote Schuur Hospital 5000 masks.

Share this:
Read More arrow_forward

Retirement couple relationship

How to plan for retirement during the Covid-19 crisis

28 May 2020 7:47 PM

The Covid-19 pandemic and the economic destruction in its wake has left some of us wondering if we'll ever be able to retire.

Share this:
Read More arrow_forward

Economy, stock market, recession

How to invest globally...during a global pandemic

28 May 2020 7:36 PM

Investors are not exactly confident to invest in shares and trade on the markets during these times.

Share this:
Read More arrow_forward

charlys-bakery-insta-picpng

Charly's bakery is at risk, asking for help

28 May 2020 7:09 PM

Lots of small businesses are going under or holding on by the skin of their teeth .

Share this:
Read More arrow_forward

Open for business

SA economy opens steadily - will it bring any relief to the contraction?

28 May 2020 6:43 PM

On Monday many sectors of the economy will return to business as usual.

Share this:
Read More arrow_forward

191027bokkewalesjpg

'Play rugby properly! No need for half-baked ideas just to have something on TV'

28 May 2020 3:12 PM

"I'd rather they keep on rerunning the World Cup final," says Jan de Koning (rugby365). "I’ll watch it 10 times every day!"

Share this:
Read More arrow_forward

covid-19-testing-booth-leafy-techpng

When WC Health asked Leafy Tech for a testing booth they rose to the occasion

28 May 2020 11:00 AM

Farhana Monier, owner of artisan woodworking company Leafy tech explains how they pivoted their business during lockdown.

Share this:
Read More arrow_forward