Nene: Eskom's challenges are in SA

Nene: Eskom's challenges are in SA

2015-01-21 08:38

Johannesburg - Finance Minister Nhlanhla Nene has welcomed Eskom's decision not to participate in the World Economic Forum in Davos, the SABC reported on Tuesday.

"Look, Eskom challenges are at home and I'm glad that they took a decision to address those challenges," he said.

He expressed government's support for the power utility.

"We will do everything humanly possible, to make sure, if there is a need for them to be supported, that they can be supported. But the challenges that we confront in the energy sector, particularly with Eskom, are at home."

The power utility announced on Monday it had withdrawn its participation at the meeting of global business and political leaders and academics.

READ: Eskom pulls out of World Economic Forum

It has been struggling to meet demand for electricity due to a lack of generating capacity and a maintenance backlog.

"It is important to note that the chief executive of Eskom Mr Tshediso Matona's attendance had already been cancelled on 9 January 2015 at his own discretion - prior to questions being asked about Eskom's attendance at Davos," the power utility said in a statement.

"At that time, only the chairman Mr Zola Tsotsi and the group executive for sustainability, Dr Steve Lennon, were confirmed to go.

"We have taken note of the public concern and have withdrawn our participation accordingly. Mr Tsotsi and Dr Lennon will therefore not be attending the meeting in Davos."

  • Martin Ward - 2015-01-21 08:53

    This is nonsense, we need to discuss with world experts for best solutions and even help. Be responsible guys!

      Petrus LeRoux - 2015-01-21 08:58

      Martin...solution is to get people that can run a power utility, people who are appointed solely on their abilities and not according to a political ideology and the colour of their skin

      Revelgen - 2015-01-21 09:08

      Martin, attending Davos would not have helped Eskom one bit. What is needed is responsible competent engineers in the field, along with private enterprise who set targets and meet them. Davos is only concerned with world climate change in very general terms.

      Nceba Mbane - 2015-01-21 09:15

      To start with Davos is just a big expensive talk shop, nothing is ever achieved there. And Escom did not engage in any useful activity while there, other than to host lavish high priced do's in order to "network". So it was just an opportunity for its executives to go on a massive snow bound party with no benefits for escom.

      Made Inthe South - 2015-01-21 09:53

      How is it possible that Eksdom have money to sponsor the WEF and Gupta breakfast meetins[R43 Million],but they are running out of money according to them and looking for bailouts from the taxpayer?

      Clive Cellarius - 2015-01-21 10:30

      By the people who can't manage a power utility? You must be joking! They can contribute NOTHING to DAVOS, except more taxpayers' money!

      Dawid Venter - 2015-01-21 11:20


      Francisque Granger - 2015-01-21 12:15

      Dawid Venter, No, how about Eskom, STOP SUPPLYING TO PEOPLE THAT CANNOT, DO NOT, WILL NOT PAY! You do not have to go to a Swiss Ski-resort to find that out. Notably as the Swiss Frank has just catapulted more than 30% upwards - because people have so much confidence in 'white-money' that they are prepared to buy Swiss money at a loss, because of the security it offers - no risk of that happening to the post-'94 ZAR... The clinical fact: SOUTH AFRICA DO NOT HAVE A SHORTAGE OF ELECTRICITY - SA HAS A SHORTAGE OF PEOPLE THAT PAY FOR ELECTRICITY - THAT IS ALL. The EFF economic model - ie the EVERYTHING FOR FREE model has failed in blaze of zero glory in SA, just as COMMUNISM FAILED with the collapse of the Berlin Wall, with the COLLAPSE OF ESKOM IN 2014. Marikana was a (failed) attempt to spark a Red-/Communist Revolution in SA and about two and a half years later the Communist-take-over of SA - as per the Polokwane -'07 coup - collapses entirely. The Communist-stooges may well not give up - they are by design incapable of recognising what cannot work (why else would they support socialism/communism) - and the NUCLEAR COUP is the next phase of their doomed plan to make SA a communist puppet. On the topic - to the SOCKPUPPET/CLOWN above, Martin Ward, why do YOU not pay for them to go?

  • Petrus LeRoux - 2015-01-21 08:56

    I like how they throw the word "challenges" around, which implies that these idiots can do something about it. Sorry, rather call it problems and f...kups, and they have no clue how to solve it.

  • Ria Cook - 2015-01-21 09:10

    So now they are saving 3 x R200 000. What about the R43 MILLION they are spending on the Gupta breakfasts?

  • John Stoltz - 2015-01-21 09:18

    Just wish our leader will also stay more at home and remedy all the internal problems in the country, like corruption, cronyism, poor service delivery, theft of taxpayers money by deployed cadres, education, health care, Eskom, SAA, SABC, etc, etc. (but then that is what a true educated leader with integrity will do!!)

  • Made Inthe South - 2015-01-21 09:53

    How is it possible that Eksdom have money to sponsor the WEF and Gupta breakfast meetings[R43 Million],but they are running out of money according to them and looking for bailouts from the taxpayer?

  • Jan Gildenhuys - 2015-01-21 09:56

    ..........or just maybe they would not have had all the answers to the uncomfortable questions about our current crisis and the expensive solutions thereof? The ANC had to keep them here!

  • Ahmed Murchie - 2015-01-21 09:56

    They ALL scared that somebody may point out their being do not pander to govts whims n fancies

  • Abizou Walkeen - 2015-01-21 10:17

    As far as I know Zupta Number One is in Davos right now. He he he

      Made Inthe South - 2015-01-21 10:55

      Probably seeing Putin as well regarding the Russian nuclear reactors

  • Sage Wiseman - 2015-01-21 12:55

    Lennon had already resigned from Eskom so WHY was he on the list to go anyway

  • Allan Brits - 2015-01-21 13:03

    Breakfast menu reads KFC

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