Eskom going the same route as SAA: Roodt скачать в хорошем качестве

Eskom going the same route as SAA: Roodt

Efficient Group Chief Economist Dawie Roodt says Eskom is financially and operationally not possible to salvage and will come to the same end as South African Airways (SAA). Among South Africa's deteriorating state-owned enterprises, Eskom has been going through the worst crisis for more than a decade in all of its 99 years in existence. Public Enterprises Minister Pravin Gordhan last week appointed a new Eskom board with a mandate to steer the entity out of its deep prevailing crisis. Meanwhile, the office of the Auditor General yesterday briefed the portfolio committee on Public Enterprises on the audit outcomes of the department and the state-owned entities. The AG reported that there's no alignment between DPE and SOEs, and policy uncertainty has led to the failure of the entities to deliver on their mandate. Director and Chief Economist at Efficient Group Dawie Roodt shares more. For more news, visit sabcnews.com and also #SABCNews on all Social Media platforms.