Company Comment
The song remains the same at Eskom
The loss in revenue and business confidence from power utility' incompetence is beyond imagination
10 December 2019 - 18:28
For the mining industry the sense of déjà vu is depressing as mines are shut once again because of power constraints by state-owned monopoly Eskom.
Eskom is in all kinds of trouble, ranging from its new Medupi power plant — built at a cost of more than R146bn — not performing as it should, ailing old plants, wet coal and flooded operations...
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