Electricity Crisis

I am sure we are all astonished to hear what is happening with the power debacle. I can no longer remain silent. Just as you think you have heard the worst, then our illustrious Alec Erwin goes and opens his mouth again.

Let's examine the power saga. Our erudite Eskom executives have been paying themselves handsome bonuses. Why? Because they're doing a good job! Why? Because they're running a company that's performing well. Why? Because each year they have been showing a handsome profit? Why? Because they have had minimal recapitalisation expenses - makes great bottom lines.

I am sure that there are many companies out there that could also show such profits by not recapitalising, except that they know the meaning of financial suicide.

For the past 14 years the government has been pocketing this profit with glee. Now they want us to foot Eskom's recapitialisation bill. A 100% price increase in a year? No, Mr Erwin, what do you take us for? The government must return all that money, with interest, and put it where it belongs - in new power generating facilities.


With these ridiculous price hikes they are effectively asking us to pay for the electricity we are not allowed to use, and more. And in the meantime the blackouts are killing businesses both small and big. And subduing further development. Bye bye jobs.

I call on all opposition parties if they are capable and indeed all South Africans if they are interested to make themselves heard. Those responsible for this debacle must bear the consequences - return the money. It's going to be tough enough, as it is, until the new generating facilities come online. Let us not allow them to kill our economy in the process