Streaming issues? Report here
Clement Manyathela 1500 x 1500 2020 Clement Manyathela 1500 x 1500 2020
The Clement Manyathela Show
09:00 - 12:00
volume_up
volume_mute

Up Next: The Midday Report with Mandy Wiener
See full line-up
The Clement Manyathela Show
09:00 - 12:00
Home
arrow_forward
Business
fiber_manual_record
Opinion

Stage 6 loadshedding: 'I am surprised at the shock'

9 December 2019 6:47 PM
Tags:
Economy
Bruce Whitfield
Dr Thabi Leoka
#Eskom
#EskomLoadShedding
the money show

Bruce Whitfield interviews economist Dr Thabi Leoka on Eskom's shock announcement late Monday afternoon.

Eskom's latest round of load-shedding has dealt another blow to the economy, just before the festive season. The Money Show's Bruce Whitfield interviews economist and strategist Dr Thabi Leoka. She feels that it's high time for more drastic measures. and that South Africa cannot wait five years. She is also shocked that nobody has been prosecuted yet.

I'm tired. South Africa is a very tiring country. One problem after another. We've lost 6000 megawatts of electricity.

Dr Thabi Leoka, economist

You find yourself in a place, digging yourself out of a hole. With taxpayers money. Hard-earned money to a state entity.

Dr Thabi Leoka, economist
Picture: Abigail Javier/EWN.

Listen to the interview with Dr Leoka in the audio below

Get the 10 most-read articles of the week from Bruce Whitfield’s The MoneyShow, emailed to you every Friday morning:


9 December 2019 6:47 PM
Tags:
Economy
Bruce Whitfield
Dr Thabi Leoka
#Eskom
#EskomLoadShedding
the money show

More from Business

Economy in 2021: 'Expect a better year for South African assets'

15 January 2021 3:02 PM

An economist expects China growth at 9.5%, US money-printing, rising metal prices and trade- and current-account surpluses in SA.

Share this:
Read More arrow_forward

Retirement funds in SA are changing – new laws come into effect on 1 March 2021

15 January 2021 1:23 PM

Bruce Whitfield asks personal finance advisor Warren Ingram to explain in detail the new laws affecting provident funds.

Share this:
Read More arrow_forward

Wine industry runs out of storage due to ban - R1.5b's worth could be lost

14 January 2021 9:06 PM

A new harvest is imminent and there's no more space for unsold wine. We have the highest stock level ever - Vinpro's Rico Basson

Share this:
Read More arrow_forward

Don't fall for promises of high returns from latest investment scam, warns FSCA

14 January 2021 8:19 PM

A new scam is surfacing on Facebook and WhatsApp groups. The masterminds are even using the FSP number of a legitimate company.

Share this:
Read More arrow_forward

'Thank you Mr President for not shutting us down, but we need more support!'

14 January 2021 7:35 PM

Loadshedding is another blow to the struggling restaurant industry. We need more relief says Grace Harding (Restaurant Collective)

Share this:
Read More arrow_forward

Pick n Pay announces retirement of CEO credited with retailer's turnaround

14 January 2021 6:41 PM

Richard Brasher will be replaced by Netherlands-born Pieter Boone in April. A retail expert evaluates Brasher's performance.

Share this:
Read More arrow_forward

Telegram now counts 500m active users. 'People are rebelling against Facebook!'

13 January 2021 9:03 PM

The new privacy policy being implemented by WhatsApp's parent company is the straw that broke the consumer's back - Toby Shapshak

Share this:
Read More arrow_forward

Mindful drinking: 'Non-alcoholic drinks having a heyday in SA right now'

13 January 2021 8:28 PM

Non-alcoholic drinks can be seen on shelves just about everywhere. Bruce Whitfield interviews Mindful Drinking SA's Sean O'Connor.

Share this:
Read More arrow_forward

Singh must provide affidavit by Monday after non-appearance at Zondo Commission

13 January 2021 7:47 PM

Former Eskom CFO Anoj Singh will still have to appear after not testifying as scheduled, says EWN's Gaye Davis. But will he sing?

Share this:
Read More arrow_forward

A Social Reckoning

13 January 2021 7:15 PM

How to balance free speech with constructive engagement and manage it all as a business.

Share this:
Read More arrow_forward

More from Opinion

Economy in 2021: 'Expect a better year for South African assets'

15 January 2021 3:02 PM

An economist expects China growth at 9.5%, US money-printing, rising metal prices and trade- and current-account surpluses in SA.

Share this:
Read More arrow_forward

Elon Musk slips to no 2 in 'richest' rankings (but earns Andy Rice's hero award)

12 January 2021 8:53 PM

Pretoria-born Musk is a role model in terms of vision, creativity and conviction says branding expert Andy Rice.

Share this:
Read More arrow_forward

'ANC is against another hard lockdown'

11 January 2021 6:33 PM

"Family meeting" – the scariest words in the English language. Bruce Whitfield interviews News24 Political Editor Qaanitah Hunter.

Share this:
Read More arrow_forward

All rich South Africans must submit to lifestyle audits - judge Dennis Davis

11 January 2021 6:28 PM

Auditing the lifestyles of potentially tax-dodging rich South Africans is low-hanging fruit, says Davis (Tax Review Committee).

Share this:
Read More arrow_forward

Africa free trade agreement: 'Moving people across borders is the real magic'

8 January 2021 1:04 PM

The Continent is uniting. Ray White interviews Adrian Saville of the Centre for African Management and Markets at Gibs.

Share this:
Read More arrow_forward

[WATCH] Nando’s ends sh*tty year on spicy note with 'Karens by Candlelight'

6 January 2021 10:48 AM

Nando’s – as always – reads the room like few other brands, says Andy Ross of advertising agency Chaos Theory.

Share this:
Read More arrow_forward

I trust the science and I'm feeling great - Covid vaccine trial volunteer

17 December 2020 7:35 PM

US health policy strategist Lisa Bari has received the first dose of Johnson & Johnson's experimental coronavirus vaccine.

Share this:
Read More arrow_forward

Odds of catching Covid-19 vs crashing your car (and other calamities)

14 December 2020 6:50 PM

Dr Johan Ferreira (Senior Lecturer in Statistics at UP) on the chance of contracting Covid-19 compared to other dangers.

Share this:
Read More arrow_forward

[WATCH] Young dancer triumphs over 2020 adversity in Amazon Christmas ad

8 December 2020 8:52 PM

Christmas in the year of Covid - Amazon sets its tv campaign to Queen's 'The Show Must Go On'. Delightful, says Andy Rice.

Share this:
Read More arrow_forward

Vaccine optimism is priced in – asset manager

7 December 2020 7:48 PM

Investors are getting ahead of themselves, warns Pieter Hundersmarck, a fund manager at Flagship Asset Management.

Share this:
Read More arrow_forward