Ralph Mathekga | The biggest risk to any new state-owned energy company is the ANC

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There are few details on the proposed state-owned entity to fill the gap left by Eskom, writes the author. Photo: Getty Images
There are few details on the proposed state-owned entity to fill the gap left by Eskom, writes the author. Photo: Getty Images

The ANC in its current form is a major risk to any newly formed entity to function properly, writes Ralph Mathekga

While we all wait for President Ramaphosa and his team to announce an affordable emergency energy plan, one minister has hinted at a rather long-term strategy that involves building another state-owned entity to fill the gab being gradually left opening by Eskom.

There aren't many details on what the new behemoth will look like and who is going to pay for it. We don't know whether the new state-owned entity will be spared from cadre deployment so as not to end up like Eskom. Nor do we know whether the ANC aims to build this new entity to show that, when put to good use and freed from the ANC, cadre deployment can keep the lights on. 

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