Insufficient supply of electricity does not bode well for a country that is aspiring to be the continent’s prime investment destination that attracts renowned conglomerates in the manufacturing sector. And sensing the damage that the country is already doing to the country’s reputation, government has intervened to resolve the crisis facing the parastatal.
As part of the measure, government has taken a number of critical steps, according to the cabinet press conference convened in Pretoria by the Minister in the Presidency, Jeff Radebe. First is the board’s changes, which has resulted into appointment of nine new. The board has been instructed to work with the private sector to resolve the electricity supply problems.
Radebe singled out South African Airways, and the South African Post Office as some of the worst performing parastatals that needed urgent assistance.
Further, Radebe announced that President Jacob Zuma had assigned his duty, Cyril Ramaphosa with the duty of overseeing the turnaround of Eskom, the South African Airways, and the South African Post Office.