When famous business schools around the world stumble across a major corporate failure or success, they quickly hire specialist writers to compose a “case study” for teaching broader principles about business management, business ethics or business leadership. Eskom is such a case — a gift to teachers about economics, politics, society and life in general.

To begin with, the crisis in Eskom teaches us something vital about how South Africans deal with such misery in everyday life. We cope by using humour. The endless memes and tweets relieve the stress, such as when Lester Kiewiets posts that “stage 10 is when Eskom comes to take your sunlight soap”. Brilliant; we laugh otherwise we can do little more than fret. Even as we laugh we try to fix things, such as the prescient group of entrepreneurs who developed the very helpful app called EskomsePush. Stage 4 load-shedding pretty much makes a mockery of the fourth industrial revolution, said another comedian. PODCAST: Listen to expert commentary on the issue. Subscribe: iono.fm | Spotify | Apple Podcasts | Pocket Casts | Player.fm Eskom is a great example for teachers to use in teaching children the invaluable gift of how to think critically. The mass of public responses to load-shedding is to blame Eskom. Eskom mismanaged the public utility, and that is certainly one part of the puzzle ...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now