12 February 2019

South Africa: Eskom - the Terrorist Attack From Within

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(file photo)
editorial

The battle for Eskom is the battle for South Africa.

Better put, Eskom is a metaphor for South Africa. It's a vast, unwieldy megalith entirely bankrupted by people who have treated it as a personal ATM and a political soccer field.

Stage four load shedding hit us on Monday like a wet cement towel that just managed to dry. Eskom is running on a prayer, and not one addressed to a deity familiar to this publication. The world's largest power utility should serve as a point of pride, especially in a country that has more than enough human capital to run its various operations exactly as advertised. Instead, Eskom is a state-owned zombie apocalypse: R440-billion in debt, money that is guaranteed by the sovereign, and unable to meet its rather simple mandate: keep the lights on, and the wheels of industry turning.

This is a disaster that threatens to blow out the entire economy, a terrorist attack on the fabric of this county perpetrated by the very people who have sworn to govern it responsibly, and (laugh no more) competently.

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