Let’s cut spending on arms and invest in Eskom

2009-11-07 13:34

MINISTER of Finance Pravin Gordhan’s medium-term budget fails to consider our current ­energy crisis.

Inflation has never been anywhere near 15% over the past 10 years, so what justified the 18.4% access ­average increase?

For the past 10 years these increases have ­already been crippling the taxpayer.

Even if Eskom gets the sought 145%, it will still need about R30?billion to fund its infrastructural development programme. Is it not time for the government to intervene in this matter?

It is astonishing that we budget several billion rands to acquire freight planes but we cannot afford to spare R30?billion to avoid astronomical electricity hikes.

What further boggles the mind is that we lose billions to alleged kickbacks and spends hundreds of millions on minister’s cars and houses but cannot afford to bail out ­Eskom.

Judging by our ministers’ ­extravagant tastes I am sure they can personally afford a 2?000% ­energy hike. This may be why they do not understand how the masses cannot ­afford a 145% hike.

In the short term let us rather spend less on arms and distribute these funds to Eskom.

Italian philosopher Niccolo Machiavelli once said: “There is no avoiding war; it can only be postponed to the advantage of ­others.”

Indeed, if war is in the pipeline, then can it rather be postponed until our domestic issues are ­resolved?Tebogo DitshegoKagiso


Join the conversation!

24.com encourages commentary submitted via MyNews24. Contributions of 200 words or more will be considered for publication.

We reserve editorial discretion to decide what will be published.
Read our comments policy for guidelines on contributions.

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
0 comments
Comments have been closed for this article.

Inside News24

 
/News

Book flights

Compare, Book, Fly

Traffic Alerts
There are new stories on the homepage. Click here to see them.
 
English
Afrikaans
isiZulu

Hello 

Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.


Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Settings

Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.




Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.