Eskom: To unbundle, privatise or keep the status quo?

2019-02-12 10:54
Eskom is likely to remain a big risk factor for the South African economy in 2019.

Eskom is likely to remain a big risk factor for the South African economy in 2019.

Multimedia   ·   User Galleries   ·   News in Pictures Send us your pictures  ·  Send us your stories

South Africa's energy supplier Eskom seems to be in its worst crisis yet. Three days after President Cyril Ramaphosa announced during the State of the Nation Address that the state-owned enterprise will be unbundled the country was been hit by stage 4 load shedding for the first time.

President Cyril Ramaphosa said the current loadshedding by Eskom came as a "shock" and he was "quite angry" that the national energy generator has "reached this stage of dysfunctionality".

But what is the solution? Will the government's plan to unbundle the power supplier into three entities focusing on electricity generation, transmission and distribution respectively succeed in stabilising Eskom?

Or, should it be privatised, partly or fully, as many have suggested, to save taxpayers' money being poured into the company to save it from bankruptcy? While this seems like an obvious solution, it could hold consequences for workers and even electricity prices. 

What do you think should be done? Send us your views in 300 to 400 words at voices@news24.com or submit it via MyNews24.

READ: OPINION - Why South Africa's latest plan for Eskom could work


NEXT ON NEWS24X

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.

Inside News24

 
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.