PETER BRUCE: Politicians’ load-shedding sums just don’t add up
The ANC is scrambling to end power cuts before 2024 elections
President Cyril Ramaphosa has forgone the pleasures of Davos to deal with the energy crisis at home. Obviously there’s nothing he can actually do, but it’s good to be seen trying. How often has he been caught abroad by some hideous new stage of load-shedding and been obliged to fly home to look as if he’s doing something?
Finance minister Enoch Godongwana is in Davos. Load-shedding, he’s telling anyone who slides past, “will be a thing of the past” in two years. Asked if his National Treasury would be allocating more money to Eskom to buy diesel for its emergency peaking plants, he told Reuters: “I don’t think Eskom has a diesel problem. I think Eskom has got a management problem.”..
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