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Chris Yelland
@chrisyelland
, 3 tweets, 3 min read Read on Twitter
Straight talk by @Eskom_SA CFO Calib Cassim. This is just 1 of 15 questions put to the Eskom CFO in a wide-ranging post-SONA interview by @chrisyelland of @eepublishers on Friday 8 February 2019. Watch this space for the full interview tonight. bit.ly/2tdOGVV
@Eskom_SA @eepublishers Cassim: "The best thing that has ever happened is the presidential task team, & the fact that we have the ear of the president who understands the urgency. He used the words “financial crisis” in his state-of-the-nation address, & this is the best way to describe where we are".
@Eskom_SA @eepublishers Cassim: "I fully agree that this is undoubtedly the biggest ever financial calamity faced by government. At the end of the day, it’s not about Eskom any more with the guarantees. If we go down, we bring down the sovereign and the economy. This does cause sleepless nights."
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More from @chrisyelland see all

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Chris Yelland
@chrisyelland
Eskom cannot simply pass all of its financial sustainability problems on to the customer through increased tariffs. When @NERSA_ZA does not give @Eskom_SA what it wants, others will have to step in to help share the burden, including:...
@NERSA_ZA @Eskom_SA 1. @Eskom_SA itself must share the burden through a lower rate of return on assets, increased efficiency and belt tightening across the board.
2. The shareholder/tax payer must share the burden through further bail outs/equity injections linked to a recovery plan...
@NERSA_ZA @Eskom_SA 3. Eskom executives, management, staff and workers must share the burden through reduced pay, forgoing bonuses, reduced numbers, retrenchments and improved productivity...
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Khaya Sithole
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So last week, the President announced a Task Team to assist in the @Eskom_SA crisis.

This team is made up of the names reflected in this picture Tweeted by @JacaNews 👇👇👇
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Khaya Sithole
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1/The value of accurate information in the age of senseless rhetoric cannot be overestimated. Let's talk about the PIC, Eskom, SA taxpayers and pensions for example.
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Karyn Maughan
@karynmaughan
BREAKING: #Eskom's new charges against #MatshelaKoko include accusations that he deliberately lied to Parliament's #EskomInquiry - and tried to falsely distance himself from the payments to Gupta-linked Trillian
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#MatshelaKoko told Parliament he was not involved in the Eskom, McKinsey, Trillian deal.
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