FROM BEHIND THE PAYWALL
DAMNING ESKOM REPORT EXPOSED: Awkward details, family dealings and self-inflicted load shedding
First published in February 2017.
The rot inside the national power utility and the secret report Eskom doesn't want you to see
Eskom’s claim that electricity tariffs are too low is hardly credible, says an uncensored report into the mess at the power utility. Among the problems it uncovered is that too many in management seemed far more focused on leveraging Eskom’s vast buying power for their self-interest, rather than to drive efficiencies. Eskom this week decided it would not release a long-awaited report into the parlous state of the power utility after all. This was a major U-turn after it had earlier invited the media, promising to release the two-year-old report that would reveal the root cause of its operational and financial meltdown in 2015, as well as shed light on the inordinate delays and cost overruns at its new power stations. Instead, on Tuesday chairman Ben Ngubane said the board had received “legal advice” to the effect that the report must be released only to those who had requested access to it, in terms of the Promotion of Access to Information Act. However, the Financial Mail has seen...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.