The news that SA’s unemployment crisis was its worst in 11 years probably wasn’t the curtain-raiser Pravin Gordhan had hoped for, but it was fitting. The economy is bleeding out and Gordhan’s plan for Eskom seems to be more about stabilising a dying patient than laying out options for rehabilitation.

Indeed, there was almost nothing in Tuesday’s briefing that hasn’t already been said: it is news to nobody that Eskom needs to be run differently and that transmission will become a stand-alone entity...

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