Terror Lekota’s brave step towards a rational energy debate


COPE leader Mosiuoa “Terror” Lekota took a brave step forward to putting his party on a new economic platform, warning on Sunday that South Africa faced the risk of the economy collapsing if the government persisted with its model of running Eskom, “just as the Soviet Union and other socialist governments in eastern Europe experienced in the 20th century”.

Echoing Medialternative’s own analysis of the energy problem, Lekota said:” If you look into our economy, you will see that we are called on to contribute money to Eskom, instead of Eskom generating money to us. That’s what collapsed Soviet Union and that’s what collapsed Russia, China and eastern Europe, because they ceased to generate profit and fell behind,”

FULL STORY HERE

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One comment

  1. Pingback: Energy commons a way out of Eskom’s debt trap? | Medialternatives

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