Skip to content

Development economist says Eskom has gone from best to worst power company [SOUND]

# A development economist, Daniel Meyer, says Eskom has gone from being one of the best power companies in the world to one of the worst in 24 years. Meyer cited to eNCA that deteriorating plant and environmental performance, coupled with years of inadequate maintenance has led to frequent load-shedding. He highlights Eskom’s increasing expenditure on diesel and mounting municipal debt as further indicators of the utility’s unreliability:

ENG-MeyerOnEskom