Medupi coal power station should be online by now
9th August 2014 at 15:16, David Lipschitz said this on Facebook:
South Africans are being held to ransom by our government, Department of Energy, Eskom officials, and their consultants, advisors, contractors, staff, and foreign suppliers. They are impeding growth and contributing to South Africa's debt crisis, unemployment, exchange rate crisis, inflation, and the possibility that South Africa might be downgraded to Junk Bond Status. Foreign Investors cannot invest in "Junk Bonds" and will sell their South African debt (bonds) and possibly investments, potentially causing a massive crash in our stock market and possibly worse strikes and hardship. But the situation doesn't need to be like this. We can change it.
The situation must change.
South African citizens must take responsibility for themselves and not rely on government to help anymore regarding electricity provision, although government obviously still has a role to play.
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