On his hasty return from Egypt President Cyril Ramaphosa has added to the list of excuses offered for Eskom’s appalling performance and the escalation to level six load-shedding. We are now told sabotage contributed to the list of reasons, along with wet coal and technical glitches.

But the plain fact of the matter is that Eskom is insolvent. It is beset by political interference, managerial dysfunction and unbridled corruption, hidden behind a shroud of obfuscation and an absence of transparency...

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.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.