The crisis at Eskom has its genesis in the corruption that has gripped the power utility. It has the potential to keep the economy in the doldrums and, as experts warn, it could jeopardise President Cyril Ramaphosa’s efforts to attract much-needed foreign investment in the country.
A parliamentary inquiry had found that former public enterprises ministers Malusi Gigaba and Lynne Brown messed up in their handling of matters at Eskom. It resolved that they be hauled before the Zondo Commission of Inquiry into state capture to explain themselves.
A statement issued on behalf of the committee said: “The committee finds that the executive arm of government represented by the two former ministers - Gigaba and Brown - was grossly negligent in carrying out its responsibility as the sole shareholder of Eskom.”
Eskom is bankrupt and on the brink of the abyss. Much of the utility’s meltdown took place under the watch of these two ministers.
Ordinary South Africans are made to suffer the consequences of what has been nothing short of sheer incompetence and gross negligence. Businesses will be negatively affected and job losses can’t be ruled out.
As we report today, energy expert Ted Blom says Eskom is run like a Ponzi scheme that has milked South African consumers. It's time South Africans made their voices heard. It's time to say "Enough is enough".
* Aziz Hartley, Cape Argus editor.
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