If Eskom had a cent for every time someone dusted off the Winston Churchill quote "Never let a good crisis go to waste" since Covid-19 stopped the world in its tracks, the lumbering power utility would have far fewer financial headaches than it does today.

Eskom knows all about crises — what with its R450bn debt, decrepit power stations and the politics of reducing its bloated, unproductive workforce. Covid-19 has bought it breathing space as the economy has shut down, and electricity use has fallen.

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