No to Eskom's Price Increase
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Thulani Gcabashe - CEO of Eskom
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The latest is that Eskom wants to raise our electricity rates by 53\% but most of us think that it is outrageous and unfair! Why should we pay for Eskoms mistakes?
The government is prepared to spend R30+ billion on the stadiums for the 2010 World Cup, and a couple million on generators for these stadiums. Wouldn't it make more sense to give the money they are prepared to spend on generators to Eskom instead? Maybe then by 2010 they will be able to generate enough power to supply South Africa and generators will not be needed.
Eskom admits that more than 10 years ago they were aware that the current situation would arise. Instead of budgeting for it bonuses in the millions was paid out to the directors. We could write pages and pages about Eskom and their problems, but the bottom line is that Eskom messed up and should not hold us responsible to pay for this mistakes.
The government is prepared to spend R30+ billion on the stadiums for the 2010 World Cup, and a couple million on generators for these stadiums. Wouldn't it make more sense to give the money they are prepared to spend on generators to Eskom instead? Maybe then by 2010 they will be able to generate enough power to supply South Africa and generators will not be needed.
Eskom admits that more than 10 years ago they were aware that the current situation would arise. Instead of budgeting for it bonuses in the millions was paid out to the directors. We could write pages and pages about Eskom and their problems, but the bottom line is that Eskom messed up and should not hold us responsible to pay for this mistakes.
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