Gwede’s plan could just land SA with a second Eskom

News

Gwede’s plan could just land SA with a second Eskom

Mantashe needs to be far more clear about the implications of his idea, which may do more harm than good

Graeme Hosken and Jeff Wicks

Threats of price and quantity manipulation in a system where there are private electricity producers are very real if the government does not have a clear plan on an alternative power supply company.

This warning was sounded by Wits economics professor Chris Malikane, who said numerous checks and balances will need to be put in place.

He added his voice to energy and economic experts, who said hard questions need to be asked about exactly how the government’s bold new plan to invert SA’s power crisis through the creation of an alternative power supply company, will be implemented...

This article is reserved for Times Select subscribers.
A subscription gives you full digital access to all Times Select content.

Times Select

Already subscribed? Simply sign in below.

Questions or problems?
Email helpdesk@timeslive.co.za or call 0860 52 52 00.