'Cleaning up Eskom doesn’t suit everybody. Hands off! Don’t be treasonous!'

Minister Pravin Gordhan during an Eskom on 6 December 2018. Picture: YouTube screengrab.

(Also, read: Sorry, South Africa, for the damage we are causing to the economy - Eskom)

A mixture of State Capture, poor infrastructure and untrustworthy contractors are the root causes of load shedding, Public Enterprises Minister Pravin Gordhan said on Thursday.

He says after 2010, there was no budget for major repairs and that the power system has also been sabotaged during labour unrest.

The Minister says contractors must be held accountable as construction at the Kusile and Medupi power stations is way behind schedule.

Gordhan announced that all leave has been cancelled for senior managers at Eskom.

He told managers that stage two load shedding needs to come to an end in the next 10 days, or sooner.

Gorhan confirmed longer-term plans to separate the generation and distribution capacities of the power utility.

The Money Show’s Bruce Whitfield interviewed Jabu Mabuza, Chairperson at Eskom, and played an audio clip of Minister Pravin Gordhan.

Listen to the interview and clip in the audio below (and scroll down for quotes from it).

What we are experiencing is a function of not investing in maintenance over many years… The old power stations we have not maintained are the ones we’re relying on…

Jabu Mabuza, Eskom

We load-shed to defend the system from total collapse…

Jabu Mabuza, Eskom

We have challenges on coal… We have challenges with diesel…

Jabu Mabuza, Eskom

Seven of our power stations have acting general managers... We can do with more [people who can do the work]… We’ve been allowed to find outside technical skills…

Jabu Mabuza, Eskom

There are things we need to do in the long-term that deals with the sustainability of Eskom going forward…

Jabu Mabuza, Eskom

We’re in a bad state… We don’t know what we don’t know…

Jabu Mabuza, Eskom

The cleaning up of an important entity… is something that doesn’t suit everybody… We want to send a message… Can you please take your hands off, Eskom? Don’t try treasonous things! Leave us alone!

Pravin Gordan, Public Enterprises Minister

Enjoy The Money Show, but miss it sometimes?

Get the best bits emailed to you daily, right after it ends:

Subscribe to our Business Wrap Newsletter


Recommended

by NEWSROOM AI
Read More
How to make best use of your year-end bonus

How to make best use of your year-end bonus

The Money Show’s Bruce Whitfield interviews Warren Ingram, Personal Financial Advisor and Executive Director at Galileo Capital.

The best things to listen to this holiday

The best things to listen to this holiday

What music can do for the soul, podcasts can do for the mind.

How RMB went from 'too poor to buy a photocopier' to the largest bank in SA

How RMB went from 'too poor to buy a photocopier' to the largest bank in SA

Bruce Whitfield sat down with GT Ferreira, Laurie Dippenaar and Paul Harris, the inspirational founders of Rand Merchant Bank.

10 most-read articles of 2018 from Bruce Whitfield's The Money Show

10 most-read articles of 2018 from Bruce Whitfield's The Money Show

It's interesting to see which The Money Show articles were most widely read in 2018; a very tough year for the economy.

Sorry, South Africa, for the damage we are causing to the economy - Eskom

Sorry, South Africa, for the damage we are causing to the economy - Eskom

It wants Govt to take on the debt as part of a turnaround plan to shore up its balance sheet, says spokesperson Khulu Phasiwe.

Research proves networking doesn’t work (if you try it with strangers)

Research proves networking doesn’t work (if you try it with strangers)

Review of “Friend of a Friend: Understanding the Hidden Networks That Can Transform Your Life and Your Career” by David Burkus.

Popular articles
How RMB went from 'too poor to buy a photocopier' to the largest bank in SA

How RMB went from 'too poor to buy a photocopier' to the largest bank in SA

Bruce Whitfield sat down with GT Ferreira, Laurie Dippenaar and Paul Harris, the inspirational founders of Rand Merchant Bank.

Pop-up bar creates awareness around drunk driving

Pop-up bar creates awareness around drunk driving

Aware.org took on a bold campaign that has made South Africans pay attention.

Mabe faces ANC grievance panel over sexual harassment allegations on Wednesday

Mabe faces ANC grievance panel over sexual harassment allegations on Wednesday

EWN's Clement Manyathela says Pule Mabe is facing a grievance panel to answer to sexual harassment allegations against him.

Popular shoe brand Vans ask Ackermans to remove "knock-offs" from shelves

Popular shoe brand Vans ask Ackermans to remove "knock-offs" from shelves

Vans' brand manager says although this is a recurring problem its main concern is that this particular "fake" is a very close copy.

 'Having a senior official call Lindiwe Sisulu a prostitute is undiplomatic'

'Having a senior official call Lindiwe Sisulu a prostitute is undiplomatic'

Mail & Guardian Africa editor Simon Allison says its undiplomatic for a Rwandan official to call Sisulu names.

[Watch the latest adverts] Do you agree? Chicken Licken is the boss of Nando’s!

[Watch the latest adverts] Do you agree? Chicken Licken is the boss of Nando’s!

Chicken Licken’s latest ad flame-grills the most recent one by Nando’s, says Nicholas Kühne of Wunderbrand.

'Evidence is solid. Poor people’s money was used illegally. Shivambu benefitted'

'Evidence is solid. Poor people’s money was used illegally. Shivambu benefitted'

Ray White interviews Pauli van Wyk, an investigative journalist with Scorpio at Daily Maverick.