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SA's energy stranglehold

fin24

02 March 2014

IT IS unacceptable that South Africa remains in the energy stranglehold of the current unreliable power supply.

Last week the nation was again on “a knife edge” and facing an “emergency” as Eskom asked large users to cut usage by a minimum of 10% to keep the system stable.

South Africa’s energy safety-net remains at precariously low levels, causing consternation amongst consumers and investors alike.  In the same week a widely-quoted AFP report described Eskom as “sclerotic” and a major inhibiting factor to economic growth.  Read more…

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