Insider on Eskom's loadshedding debacle: It goes far beyond "wet coal".

Loading player...
Former Eskom coal scientist turned energy consultant Mike Blenkinsop has as good a handle on the state of the SOE as anyone - and in this fascinating interview provides a comprehensive perspective on the latest loadshedding debacle. Having trained under the late Mark van der Riet, the CEO of NET Energy clearly understands the complexities of fuel inputs far better than the worthies who designed the massive Medupi and Kusile power stations without taking the local coal reserves into account. He shares a tale of indefinitely postponed maintenance and Eskom's haemorrhaging to foreign lands of engineers so vital in keeping its flywheel turning. But Queens College- and Rhodes educated Blenkinsop says it's not too late - and offers Eskom's newly recruited CEO Andre de Ruyter some pointers in how to get the utility out of the quagmire it is in. - Alec Hogg Learn more about your ad choices. Visit megaphone.fm/adchoices
9 Dec 2019 9AM English South Africa Investing · Business News

Other recent episodes

BN Daybreak Fri 16 Jan: Trump’s Nobel “Medal”; Farmers boo Steenhuisen; ASML jumps

In this episode of BizNews Daybreak, Alec Hogg covers the intersection of high-stakes global politics and critical local challenges: Trump’s Nobel Moment: Venezuelan opposition leader Maria Corina Machado presents her Nobel Peace Prize medal to Donald Trump at the White House, calling him the “heir to Washington”. US-Taiwan Trade Deal:…
15 Jan 11PM 18 min

BN Daybreak Thurs 15 Jan: Abedian on SA Silence about “21st Century Nazis”; Mining Indaba's back story; Sasol Surges

In this morning's briefing, Alec Hogg unpacks a volatile geopolitical landscape where conflicting reports emerge from Iran—Donald Trump claims de-escalation while internal memos suggest mass casualties. We speak to Iranian-born and bred entrepreneur and former UCT Economics Prof Iraj Abedian, who delivers a scathing critique of the South African government's…
14 Jan 11PM 17 min

BN Briefing: Leaked Iran death toll, US-SA relations, and Equities vs Gold

In this BizNews Briefing, Dr. Iraj Abedian reveals leaked reports of 12,000 deaths in Iran, questioning the South African government’s silence. The Hudson Institute's Josh Meservey analyses Pretoria’s alignment with American adversaries. Plus, David Shapiro discusses the "survival mode" of South African business, and Peter Major explains why equities historically…
14 Jan 5AM 13 min