Eskom turns 100 in 41 days. But instead of celebrating a centenary, March 1 will mark the burial of Eskom. Click here to read more➡️
However, at the time, Eskom had closed down most of its new power station building division and by the time they started building Medupi in 2006, they were in trouble according to Trollip.“South Africa had to borrow from the World Bank and was lent R4.3 billion to build Medupi and one of the conditions was that Eskom would build a wind farm.
“However, over the holidays the new coal contracts given to small coal suppliers went on holiday and there was no coal in January of that year. And because of a coal shortage, there was national load shedding, which was going to be a pattern which would continue until now.“It’s a shortage of power stations, corruption in coal contracts and corruption in power station contracts,” said Trollip.
“Regarding the upper management, government appoints the board, which then appoints the CEO, while the minister is the sole representative of the 100% shareholder which is us the public. The Public Enterprises minister is only meant to be involved in as far as appointing the board is concerned.
“We are actually having a decrease in per capita income in South Africa, GDP per income, hence an increase in poverty levels and decrease in real income, especially for poor people from 2010 till now,” he said.“It was only towards the end of the ’70s that we saw a massive electrification campaign in Soweto and they started electrifying per households.
“Because of apartheid Eskom had a massive over-build programme of power stations because they wanted to be sanctions-proof,” Trollip added.Kgadima did not mince his words, sayinghas been lethal, stressing that some politicians were hellbent on looting the parastatal at all costs. Asked how long load shedding is likely to last, Kgadima warned that in the next century, the country’s electricity users are likely going to be completely off power grid.
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