LETTER: Vague solutions in Sona
The future of Eskom, which has the capacity to bring this country to its knees, is now as clear as mud
I am totally puzzled by the positive reaction to President Cyril Ramaphosa’s state of the nation address (Sona) by so many local “experts”. Delivery was very professional but besides one or two positives, the content was vague and inaccurate. The future of Eskom, which has the capacity to bring this country to its knees, is now as clear as mud. It will be broken up into three entities, which will probably increase costs, while we are told that costs will be cut. Where and how when Ramaphosa and public enterprises minister Pravin Gordhan undermined and embarrassed the current board by overruling them on the 0% wage increase they offered in 2018 ? This was the height of irresponsibility. What is to be done about the non payers? There exists a huge boycott. No answers or even suggestions. We were told that foreign direct investment (FDI) had increased very significantly in 2018. This is very encouraging, but then we know that this is dwarfed by huge amounts of money moving offshore, le...
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