Posted on 12/10/2019 12:30:04 PM PST by grundle
South Africas state power company intensified rolling blackouts to a record, signaling a deepening crisis at the debt-ridden utility and raising the risk of a second recession in as many years.
Eskom Holdings SOC Ltd. said on Monday it will move to Stage 6 load-shedding from 6 p.m. local time, meaning it will cut 6,000 megawatts from the national grid, after a technical problem at the giant new Medupi Power Station curbed supply. Thats the biggest cut yet. The utility downgraded the status to Stage 4 as of 10 p.m.
The utility is curbing power for a fifth straight day as it struggles with breakdowns at plants and heavy rains that have soaked coal used as fuel. The blackouts have a debilitating effect on the economy by curtailing mining and factory output and causing crippling traffic delays.
(Excerpt) Read more at finance.yahoo.com ...
Better you than me, FRiend :-\
Karma for chasing most of the white populace out of SA.....gg. /s
Gee. Africa hasn’t done too good since they ran off all their white captors.
My theory is the since the Soviet Union infiltrated all of the anti-colonialist independence movements, in a cynical ploy to advance their own hegemony, it sped up the timeline in a way that de-colonialization was rushed, and basically countries became independent without having the infrastructure in place to truly be independent.
“Collapse is coming to South Africa.”
Very possible. And when it happens, we all know who’ll be there to “bail” them out - China.
They’ll sweep in, throw a lot of low interest “loans” around and in no time the SA Govt will be a debtor to the Chinese. The Chinese will then say “Gosh, you have all these wonderful natural resources (gold, uranium, etc). Perhaps you can “pay off” your debt by giving us unlimited access to develop these resources. Oh and by the way, unlimited access also means exclusive access and reduced availability of these resources to other countries - you know like the US”
Why aren’t the enviros and libs protesting that dirty coal country? Oh wait nevermind....
Somebody tell me what technological or scientific break through BLACK AFRICA has made in the past 2000 years.
What, no takers, I thought so.
also amazing how critical an affordable and reliable power grid is to a functioning society ...
But....but.....dey wuz kangz n sheeit.
yeah, food shortages always hit these african countries when whitey is driven out ...
YUP; a king in an uncured, rotting hide, with bones in his nose and feathers in his cow dung hairdo is just who I want running the country!
What could possibly go wrong?
Post #36 ROFL
This electricity magic is symbolic of those tricky honkies and therefore, it has to go. We don't need it.
Diversity means getting rid of white people. Shithole country follows. Prove me wrong.
And the RSA has ALWAYS been a nation with a "diverse" population! If you even knew just an infantessible amount of the history of that nation, you would KNOW that; however, you don't and neither do you know the meaning of "diversity" at all.
The Chinese will not give out loans....they'll just take over.
Once the ANC grew, the blacks killed off the Commie white leaders and that was long before "saint" Nelson was let out of prison. An Mandela WAS a card carrying STINKING COMMIE TERRORIST; not to mention the fact that he came from a rather wealthy, well educated familhy!
My wife watches the TV show 90 Day Fiance
Mine does too. I try to avoid it but I did see the episode when the US woman decides to go back to the US. I think it was her visit to the local public hospital that finally convinced her that South Africa was a bad place to be.
You didnt read all my thread. I stated over regulation is also attributed.
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