The shocking truth behind South Africa’s energy crisis. And the bad news is: things can only get worse.
If the cost of electricity continues to rise at the rate of the past few years, by 2030 the average household in South Africa will be paying R100,000 a month just to keep the lights on. The Eskom crisis is not only a critical situation, it is fast on its way to becoming a national catastrophe.
The power utility is already drowning in a tsunami of debt, is in an administrative mess and simply does not have the skills, manpower or the financial means to recover.