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name of Name of Eskom, Africa’s largest electricity company, synonymous with corruption in South Africa

Eskom: the power giant at the core of S.Africa’s state rot, by Philippe ALFROY/AFP 

The name of Eskom, Africa’s largest electricity company, has become synonymous with the worst corruption scandals in South Africa and the utility could well become the final nail in the political coffin of President Jacob Zuma.

The sacking of yet another of its short-lived CEOs this week and the release of dire financial results confirmed the depth of the crisis plaguing the power utility.

Finance Minister Malusi Gigaba admitted Eskom represents the single worst crisis facing the government…….https://citizen.co.za/news/news-africa/1805933/safrica-politics-energy-corruption/

 

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February 5, 2018 - Posted by | general

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