Sunday, August 7 2022 Sign In   |    Register
 

News Quick Search


 

News


Front Page
Power News
Today's News
Yesterday's News
Week of Aug 01
Week of Jul 25
Week of Jul 18
Week of Jul 11
Week of Jul 04
By Topic
By News Partner
Gas News
News Customization
Feedback

 

Pro Plus(+)


Add on products to your professional subscription.
  • Energy Archive News
  •  



    Home > News > Power News > News Article

    Share by Email E-mail Printer Friendly Print

    Eskom’s poor governance resulted in the power utility’s collapse - ANC


    June 2, 2022 - Kailene Pillay

     

      The ANC’s head of economic transformation, Mmamoloko Kubayi, said several recent discussions with Eskom had allowed the party to finally understand the power utility’s problems, but ultimately poor governance resulted in its collapse.

      Kubayi sat down with Newzroom Afrika’s Xoli Mngambi in a one-on-one interview ahead of the ANC’s Economic Transformation Committee Policy discussion to take place later on Thursday.

      Discussing the state of Eskom, Mngambi asked Kubayi about her previous comments that the power utility was not playing open cards with the country.

      “We have since had several discussions with Eskom, and we now get to appreciate the nature of the problems, and we understand.”

      She said people misunderstood by assuming the ANC was shifting the blame, but “we are not here to point the finger”.

      While Kubayi provided little insight into the discussions with Eskom and Public Enterprises Minister Pravin Gordhan, she said they did discuss issues of sabotage and lack of maintenance facing the power utility.

      She also said there was definitely no excess of power in the country as claimed by some, but rather, a significant shortfall.

      However, Kubayi said it was the constant changing of CEOs and poor governance that resulted in Eskom’s collapse.

      “The high turnover in governance tells you about the instability there,” she said.

      Eskom has, over the last few months, implemented a series of blackouts leading to businesses complaining about huge financial losses.

      Kubayi said in order to turn the economy around, fixing Eskom was at the top of the to-do list.

      Previously, Kubayi said the country would have to lift the level of investments from 15% to 25% of GDP if it has to achieve some of the targets.

      kailene.pillay@inl.co.za

      Political Bureau

    TOP

    Other Articles - Utility Business / General


    TOP

       Home  -  Feedback  -  Contact Us  -  Safe Sender  -  About Energy Central   
    Copyright © 1996-2022 by CyberTech, Inc. All rights reserved.
    Energy Central® and Energy Central Professional® are registered trademarks of CyberTech, Incorporated. Data and information is provided for informational purposes only, and is not intended for trading purposes. CyberTech does not warrant that the information or services of Energy Central will meet any specific requirements; nor will it be error free or uninterrupted; nor shall CyberTech be liable for any indirect, incidental or consequential damages (including lost data, information or profits) sustained or incurred in connection with the use of, operation of, or inability to use Energy Central. Other terms of use may apply. Membership information is confidential and subject to our privacy agreement.