Eskom

Mboweni and Ramaphosa, it’s time for action

This week’s medium-term budget policy statement (MTBPS) is the grimmest and most difficult in a generation. There’s the revenue shortfall, anticipated at about R50bn. The convenient — though perfectly valid — explanation for this huge undershoot is the internal sabotage at the SA Revenue Service by Tom Moyane and his merry men and women. The less [...]

Instructive lessons for Eskom from British Leyland’s experience

There is a long, ever-lengthening, list of SA-originating business leaders who have achieved huge success and had high impact in boardrooms and markets across the world. Elon Musk and Roelof Botha in the hi-tech field in California (and even outer space in the case of the former); Ivan Glasenberg and Mick Davis in the world [...]

By |2019-10-01T06:11:22+00:00October 1st, 2019|Eskom, Opinion, South African Politics|0 Comments

Cyril’s grand plans and big bailouts won’t solve SA’s problems

SA’s longest-serving leader of the opposition, Sir de Villiers Graaff, had a handy solution to the numerous crises faced by his United Party. “When in doubt, Div would appoint a committee,” one of his confidantes once told me. That worked until it didn’t and the UP dissolved itself, appropriately perhaps, on a Johannesburg ice rink [...]

Running out of options, Cyril plays the struggle card

Did Cyril Ramaphosa morph in the past few days from Teflon Man - to whom nothing sticks - to Mr Velcro, to whom every stain attaches? Certainly, Bosasa is proving very sticky, and, given the sticky fingers of Gavin Watson and his gang who built their business on corrupting state tenders, that is entirely apt. [...]

Keep SA’s lights on? We’re too busy having fun

A few weeks ago, after a family commemoration, I was sitting at a restaurant in Durban North,  the suburb where I was born decades ago. I noticed that our Greek taverna was situated on the corner of Swapo Road and Adelaide Tambo Avenue, neither name immediately evocative for this English-Indian-Zulu suburb. One of our guests [...]

By |2019-03-20T07:50:39+00:00March 20th, 2019|African National Congress (ANC), Eskom|0 Comments

Of economic windfalls and political disasters

Karl Lagerfeld, the fashion genius at the house of Chanel who died this week in Paris, was described by a peer as "the creator of dreams". Whoever conceived the 2019 ANC election slogan, however, must be living a nightmare right now. To quote the party billboard: "The Power is in Your Hands - Grow SA". [...]

By |2019-02-28T08:06:58+00:00February 24th, 2019|Cyril Ramaphosa, Eskom, Uncategorized|0 Comments

Do Cyril and Tito dare break the racial quota taboo at Eskom?

Thursday is the most downcast budget day since the arrival of the ANC in government in 1994. Back then, the international isolation of the departing apartheid regime coupled with the minus growth of the local economy under siege had left the new administration with a bare fiscal cupboard. Indeed, incoming minister Mac Maharaj, a confidant [...]

Facing economic disaster, we’re still in the dark about Cyril’s ‘reform’

Are some countries simply unreformable? This bleak, pre-festive season thought occurs just as Eskom, in the guise of the movie villain The Grinch who Stole Christmas,  plunges the country once again into December darkness. Before interrogating some of the known facts hobbling Megawatt Park, it is quite unknown if Cyril Ramaphosa is a serious reformer, [...]

By |2018-12-05T08:59:15+00:00December 5th, 2018|Cyril Ramaphosa, Eskom, Uncategorized|0 Comments

Things are very bad and a lot better

The Ramaphosa presidency is an infant –four months old, and –voters, party, and health willing – still with around 4000 days to go. Hans Rosling, an acclaimed Swedish statistician and professor of international health who died recently, penned Factfulness, a book which objectively seeks to rebut the global pessimism on the world condition and ‘why [...]

By |2018-06-25T08:11:52+00:00June 25th, 2018|Cyril Ramaphosa, Eskom|0 Comments

Face facts: Pravin’s a commie, Cyril’s a union man

The opening weekend of the Fifa World Cup produced no end of surprises, if Eskom load shedding allowed you to view the spectacle. The country of my second allegiance, Argentina (given Bafana’s dismal non-qualification, my home team as it were), was held to an improbable draw by tiny Iceland, which in population terms (337,000 versus [...]

By |2018-06-20T12:06:08+00:00June 20th, 2018|Cyril Ramaphosa, Eskom, Pravin Gordhan|0 Comments