Eskom COO Jan Oberholzer was reported on Friday as saying that reducing the workforce would “only” save R7bn a year and that in any event the utility does not have the money to pay off the retrenched workers.

This is a prime example of the muddled, illogical, lazy thinking that seems to blight our parastatals. Are our executives so captured by politicians that they cannot think for themselves? The truth is that Oberholzer, who knows better than anyone what needs to be done, does not have the courage or energy to stand up to his political masters and take and execute hard decisions...

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