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Keyword: eskom

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  • Property Expropriation: South Africa to Follow Zimbabwe's Mugabe Model

    01/23/2025 8:59:18 PM PST · by SeekAndFind · 38 replies
    Hotair ^ | 01/23/2025 | Beege Welborn
    This is a terrifying development but, to be honest, one you could see coming from a mile away.God help the white farmers and property owners of South Africa.The government has awarded a license to steal.It's not just farms. The law applies to any fixed property.— Martin van Staden (@Martin_ASFL) January 23, 2025As much as South Africa has tremendous natural resources and so much stunning natural beauty they could have a viable national economy on tourism alone, there is so much internecine tribal warfare and outright government corruption that they are a failed state in the last throes of exploiting every...
  • Eskom slowly dying. ( South Africa )

    08/20/2023 4:21:06 PM PDT · by george76 · 19 replies
    Daily Investor • ^ | 16 August 2023
    Renowned economist Dawie Roodt said Eskom’s generation and distribution divisions are slowly dying, similar to South African Airways (SAA) and the South African Post Office (SAPO). Roodt made these comments during a Firstpathway Partners webinar on how the United States has emerged as a secure sanctuary for many South Africans. “Only the transmission part will remain, and the rest of Eskom will just slowly die and come to an end,” he said. Roodt previously explained that Eskom is completely bankrupt. “It has been operationally and financially run into the ground. It does not work anymore,” he said. Eskom currently owes...
  • South Africa power blackouts problematic for ANC as poor claim unfair targeting

    01/16/2015 4:59:41 PM PST · by Tolerance Sucks Rocks · 30 replies
    The Washington Times ^ | January 15, 2015 | Geoff Hill
    JOHANNESBURG, South Africa — As schools reopen here in the coming days after the Christmas break, South Africans are braced for a surge in the power cuts that have plagued the country since early December, and the rolling blackouts could spell trouble for the ruling African National Congress at the ballot box. During the week, schools, factories and offices will move to full capacity, drawing on an already-fragile national grid. And in the heat of the Southern Hemisphere summer, air conditioners will be turned on full blast. A state-owned company, ESKOM, has the monopoly to produce more than 95 percent...