* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Friday, July 18, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    Theater at Santa Fe’s San Isidro Plaza will be converted into IMAX, family entertainment venue – Santa Fe New Mexican

    Santa Fe’s San Isidro Plaza Theater Transforms into Exciting IMAX Family Entertainment Venue

    B&B Theatres will open massive entertainment complex in Texas – The Business Journals

    B&B Theatres will open massive entertainment complex in Texas – The Business Journals

    Rough times for broadcast networks illustrate changing media landscape – New Haven Register

    Broadcast Networks Confront Turbulent Times in a Rapidly Changing Media Landscape

    Black River Entertainment Adds Traci Hite As Director Of Promotion, Southeast – MusicRow.com

    Black River Entertainment Welcomes Traci Hite as New Director of Southeast Promotion

    Entertainment Business Master’s Grad Launched Nonprofit to Nurture Emerging Artists – Full Sail University

    Entertainment Business Master’s Grad Launched Nonprofit to Nurture Emerging Artists – Full Sail University

    Review: At the Huntington, the New Hollywood String Quartet recalls legendary studio musicians – Los Angeles Times

    Review: At the Huntington, the New Hollywood String Quartet recalls legendary studio musicians – Los Angeles Times

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    A major AI training data set contains millions of examples of personal data – MIT Technology Review

    A major AI training data set contains millions of examples of personal data – MIT Technology Review

    Simpson College to purchase medical simulation technology with grant funds – Iowa Capital Dispatch

    Simpson College to purchase medical simulation technology with grant funds – Iowa Capital Dispatch

    SailGP Technologies officially launches new center of excellence in technology & innovation – Sail-World.com

    SailGP Technologies officially launches new center of excellence in technology & innovation – Sail-World.com

    Victorville’s new gunfire-detecting technology already making strides, city says – NBC Los Angeles

    Victorville’s New Gunfire-Detecting Technology Is Already Making a Difference, City Officials Say

    Guest columnist: China cutting corners on technology – The State Journal

    China’s Rapid Tech Advances Spark Worries About Cutting Corners

    Sentrycs’ Cyber Over RF technology integrated into Rafael’s combat-proven Drone Dome system – Defence Industry Europe

    Sentrycs’ Cyber Over RF Technology Boosts Rafael’s Battle-Tested Drone Dome System

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    Theater at Santa Fe’s San Isidro Plaza will be converted into IMAX, family entertainment venue – Santa Fe New Mexican

    Santa Fe’s San Isidro Plaza Theater Transforms into Exciting IMAX Family Entertainment Venue

    B&B Theatres will open massive entertainment complex in Texas – The Business Journals

    B&B Theatres will open massive entertainment complex in Texas – The Business Journals

    Rough times for broadcast networks illustrate changing media landscape – New Haven Register

    Broadcast Networks Confront Turbulent Times in a Rapidly Changing Media Landscape

    Black River Entertainment Adds Traci Hite As Director Of Promotion, Southeast – MusicRow.com

    Black River Entertainment Welcomes Traci Hite as New Director of Southeast Promotion

    Entertainment Business Master’s Grad Launched Nonprofit to Nurture Emerging Artists – Full Sail University

    Entertainment Business Master’s Grad Launched Nonprofit to Nurture Emerging Artists – Full Sail University

    Review: At the Huntington, the New Hollywood String Quartet recalls legendary studio musicians – Los Angeles Times

    Review: At the Huntington, the New Hollywood String Quartet recalls legendary studio musicians – Los Angeles Times

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    A major AI training data set contains millions of examples of personal data – MIT Technology Review

    A major AI training data set contains millions of examples of personal data – MIT Technology Review

    Simpson College to purchase medical simulation technology with grant funds – Iowa Capital Dispatch

    Simpson College to purchase medical simulation technology with grant funds – Iowa Capital Dispatch

    SailGP Technologies officially launches new center of excellence in technology & innovation – Sail-World.com

    SailGP Technologies officially launches new center of excellence in technology & innovation – Sail-World.com

    Victorville’s new gunfire-detecting technology already making strides, city says – NBC Los Angeles

    Victorville’s New Gunfire-Detecting Technology Is Already Making a Difference, City Officials Say

    Guest columnist: China cutting corners on technology – The State Journal

    China’s Rapid Tech Advances Spark Worries About Cutting Corners

    Sentrycs’ Cyber Over RF technology integrated into Rafael’s combat-proven Drone Dome system – Defence Industry Europe

    Sentrycs’ Cyber Over RF Technology Boosts Rafael’s Battle-Tested Drone Dome System

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home Business

How the world sees SA: Eskom’s “slow motion car crash” gets a global spotlight

June 23, 2023
in Business
How the world sees SA: Eskom’s “slow motion car crash” gets a global spotlight
Share on FacebookShare on Twitter

Bloomberg Opinion senior executive editor Tim O’Brien visited South Africa to see for himself what he describes as the “slow motion car crash” which we know as Eskom. The host of Bloomberg’s Crash Course podcast shared the microphone with his Cape Town-based Bloomberg colleague, energy reporter Paul Burkhardt and Olga Constantatos, head of credit at FutureGrowth Asset Management. It often requires international pressure to effect change in SA – with its attention now being focused on the electricity crisis, Pretoria is sure to be triggered into accelerated action. – Alec Hogg

Sign up for your early morning brew of the BizNews Insider to keep you up to speed with the content that matters. The newsletter will land in your inbox at 5:30am weekdays. Register here.

Watch here

Listen here

Excerpts from the podcast

(Bloomberg Crash Course Podcast)

Tim O’Brien’s deep dive into Eskom’s challenges

South Africa has been grappling with a severe electricity crisis for the past 15 years, with rolling blackouts, known as load shedding, becoming increasingly common. The international community has started paying attention to Eskom, South Africa’s power utility, and the dire energy situation. In a Bloomberg podcast published this week, Tim O’Brien, a senior executive editor of Bloomberg Opinion, together with energy reporter Paul Burckhardt and Olga Constantatos of Futuregrowth Asset Management, shed light on the issues plaguing Eskom, how the country reached this point, and the efforts being made to address the crisis.

Read more: SA in Bloomberg global newsletter’s spotlight: “Embracing Putin is a gamble”

The escalation of Eskom’s problems

Eskom, once seen as a beacon of hope for reliable energy generation in South Africa, has succumbed to mismanagement and a failure to modernize. The utility became a piggybank for influential individuals and a source of patronage, leading to a lack of progress in providing stable electricity to all South Africans. The situation was exacerbated by delays in building additional capacity, inadequate oversight, corruption, labor issues, and other factors.

Impacts of unreliable energy supply

The absence of a reliable energy source has far-reaching consequences for individuals, businesses, and the economy as a whole. Load shedding disrupts daily life, rendering essential services such as traffic lights, water supply, and sewage treatment unreliable. Extended power outages affect hospitals’ ability to provide critical care and increase the crime rate in darkened streets. Moreover, businesses, particularly those in lower-income areas, suffer from prolonged closures, layoffs, and interruptions in the supply chain, resulting in economic setbacks and social unrest.

Health issues also emerge as a direct consequence of power cuts. Spoiled food due to refrigeration failures poses risks to public health, while water contamination and outbreaks of diseases like cholera become more likely. The threat of social unrest looms large, as frustrations grow among communities deprived of essential services.

Read more: How the world sees SA – GIS on “The lost promise of South Africa”

Challenges in Eskom’s transformation

The process of transforming Eskom and modernizing the grid is impeded by corruption and resistance to change. Past CEOs have faced threats and even fled the country, hindering efforts to bring competent leadership capable of steering Eskom out of crisis. However, there is optimism that some within Eskom remain dedicated to their duty and strive to restore the utility’s integrity.

Potential solutions and the role of private sector

One positive development is the increasing acceptance of private companies in power generation. Eskom, albeit reluctantly, has begun to engage private entities to alleviate the energy shortage. However, relying solely on private power generation can exacerbate the divide between affluent residents and low-income communities who still depend on Eskom. To address this disparity, initiatives to promote renewable energy and expand power supply must be prioritized. Although implementing these measures may involve higher costs initially, the long-term consequences of blackouts far outweigh the financial burden.

Read more: Eugene Brink: New government needed to save SOEs; after de Ruyter’s Eskom nightmare

Conclusion

South Africa’s electricity crisis, epitomized by Eskom’s struggles, demands urgent attention and effective solutions. The country’s reliance on Eskom as the primary power supplier has proved inadequate, leading to widespread societal, economic, and health-related repercussions. Encouraging private sector participation in power generation, along with an inclusive approach to ensure access for all, can pave the way toward a more reliable and sustainable energy future for South Africa. By learning from this collision of challenges, South Africa has an opportunity to turn its energy crisis into a catalyst for positive change.

Read also:

SA’s ultimate whistleblower Andre de Ruyter on his bestseller documenting ANC’s Eskom plundering
Eskom in Pictures: No denying ANC’s blame. Corruption or incompetence?
Frans Cronje: Load-shedding fixed in 12 months – even with embedded corruption, incompetence

(Visited 153 times, 153 visits today)

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : BizNews – https://www.biznews.com/energy/2023/06/22/world-sees-sa-eskoms-car-crash-global-spotlight

Tags: businessEskom’sWorld
Previous Post

Coalition government: DA the favourite, EFF the feared

Next Post

Semaglutide: Trading weight for joy – the hidden cost of a skinny drug

A major AI training data set contains millions of examples of personal data – MIT Technology Review

A major AI training data set contains millions of examples of personal data – MIT Technology Review

July 18, 2025
Dave Portnoy unites FOX Sports and Barstool with new football, basketball coverage deal – Fox News

Dave Portnoy unites FOX Sports and Barstool with new football, basketball coverage deal – Fox News

July 18, 2025
To see and not be seen: Carangids hide behind sharks to prey on fish – Cattano – 2025 – Ecology – ESA Journals

Mastering the Art of Stealth: How Carangids Turn Sharks into Living Shields to Outsmart Their Prey

July 18, 2025
Science labs move ‘a hammer blow’, says MP – Yahoo

Science labs move ‘a hammer blow’, says MP – Yahoo

July 18, 2025
American science to soon face its largest brain drain in history – Big Think

America’s Science Community Confronts Its Biggest Brain Drain in History

July 18, 2025
Longhorns Daily News: Austin’s fast-paced lifestyle helped inspire former Texas WR Brenen Thompson to transfer to new school – Burnt Orange Nation

Longhorns Daily News: Austin’s fast-paced lifestyle helped inspire former Texas WR Brenen Thompson to transfer to new school – Burnt Orange Nation

July 18, 2025
China’s path to world dominance is being laid by President Trump’s policies, including in Alaska – Alaska Beacon

China’s path to world dominance is being laid by President Trump’s policies, including in Alaska – Alaska Beacon

July 18, 2025
Wall Street’s Big 7 Are Now Bigger Than China’s Entire Economy – MSN

Wall Street’s 7 Biggest Titans Now Outpace the Entire Chinese Economy

July 18, 2025
Bad Bunny, Travis Scott, Saweetie, and All the Songs You Need to Know This Week – Yahoo

Bad Bunny, Travis Scott, Saweetie, and This Week’s Must-Listen Hits

July 18, 2025
‘I just couldn’t stop crying’: How prison affects Black men’s mental health long after they’ve been released – The Conversation

I Just Couldn’t Stop Crying’: The Deep and Lasting Impact of Prison on Black Men’s Mental Health

July 18, 2025

Categories

Archives

July 2025
MTWTFSS
 123456
78910111213
14151617181920
21222324252627
28293031 
« Jun    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (727)
  • Economy (750)
  • Entertainment (21,635)
  • General (15,970)
  • Health (9,788)
  • Lifestyle (758)
  • News (22,149)
  • People (752)
  • Politics (760)
  • Science (15,967)
  • Sports (21,248)
  • Technology (15,733)
  • World (734)

Recent News

A major AI training data set contains millions of examples of personal data – MIT Technology Review

A major AI training data set contains millions of examples of personal data – MIT Technology Review

July 18, 2025
Dave Portnoy unites FOX Sports and Barstool with new football, basketball coverage deal – Fox News

Dave Portnoy unites FOX Sports and Barstool with new football, basketball coverage deal – Fox News

July 18, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version