Unfortunately for our ‘statistician general’, Eskom maths just doesn’t add up (updated)

AVAILABILITY of electricity in South Africa is now at its worst in living memory. Prices are skyrocketing, tariffs are set to increase by a whopping 18.65% and the ruling party is hamstrung by its inability to unbundle Eskom into separate units. This at the same time as government insists on maintaining a facade, that the SOE will be able to provide for the entire nation’s energy needs moving forward.

Instead of examining the facts and figures, Dr Pali Lehohla, former Statistician General of South Africa, delivered a media sermon over the weekend, one whose message is painfully against privatisation and consumer choice. His comments reported by IOL, lack statistics, facts, figures, nor percentages. There is not a single prime number in a piece which rattles on about the President ‘being in the war-room’ to defund Eskom by ‘not funding maintenance in order to promote privatisation’.

Instead of examining the massive debt balloon run-up by Eskom over the course of the past decade (R401. 8 billion 2021, R396. 8 billion 2022), fruitless and wasteful expenditure compounded by tender fraud, unlawful contracts, R659 million lost in 2016 alone to a coal scam, alongside decreasing availability, (as if there were no maths problems here worthy of his academic qualifications), Lehola insists on misdirecting the public with a red-herring regarding the issue of maintenance of what is left of Eskom’s ageing fleet.

At the beginning of December, writes Ketshepaone Modise of Earthlife Africa, only 52% of Eskom’s fleet was generating electricity, and by the end of that month, the figure slipped below 50% for the first time. This means that of 48,000MW of potential capacity, less than 24,000MW was operational.  The entity posted almost a R12 billion loss for the year ended 31 March 2022.