Organised business made an impassioned plea this week for government to urgently review Eskom’s business model, which it said was “no longer fit for purpose”. In a presentation to the National Energy Regulator of South Africa, business also warned that, in the absence of a holistic view within government of the problems afflicting Eskom, the “utility death spiral” currently under way would pose a serious existential risk to the power company and could, in turn, threaten the sustainability of government finances.
Source: www.engineeringnews.co.za
Eskom’s business model is ‘no longer fit for purpose’
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