Eskom seeking 80% tariff increase after abysmal financial results.

In most companies that are not able to get government bailouts due to shoddy and inept management, things like efficiencies, cost cutting, streamlining, computerising are just some of the methods that conventional businesses use to survive, improve and grow. Unless you are an SOE.

In that case, you can bumble along whilst unions hold the country to ransom and speed up their own demise as their basic lack of understanding economics brings the light at the end of the tunnel closer, faster. The light is obviously the train, but unions are still trying to convince themselves and their populist members, that it is the end of the tunnel moving closer while they stand still. go figure.

Personally, i have a lot to be thankful for, the Eskom (deepening) crisis. Have a look at the article below and get it from the horses mouth.

Shopping Cart