South Africa: Eskom - the Grinch That Stole Our Christmas

(file photo).

Perhaps a strategy of placing all state-owned enterprises, including Eskom, under business rescue is not such a bad idea. God knows we must do something to get us out of this mess.

It has now been 12 years since we had our first taste of load shedding in 2007 and in 12 years, we have been incapable of fixing this problem.

The president writes lyrically about having visited the Medupi power station, the fourth largest of its kind in the world, he says. Do you think we care about that, Mr President, while we sit in the dark? This is nothing more than a reception party for the new Eskom CEO arriving in January 2020. He must arrive at Eskom's head office with a torch to find his office.

This is effectively, sabotage. Whether you call it Stage 4, or now Stage 6, we don't care, Mr President. We want you to tell us how you are fixing this problem.

There are arguments for solutions that traverse both ideological approaches. Some believe in the power of the rich and therefore, the ownership of state-owned enterprises (SOEs) by the private sector. Others believe in the power of the poor masses and...

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