• Eskom’s recent report revealed that the state-owned entity has enough electricity to last the country for half a decade.
• The report also states that production capacity is sufficient to meet the requirements of a projected economic growth of 2.6%.
• South Africans have been stunned that Eskom has generational capacity, with many wondering where it comes from.

For seven years at Daily Sun and Vutivi Economic newsTebogo Mokwena, a In brief News journalist, covered the news, highlighting critical challenges in social infrastructure and unemployment.

JOHANNESBURG — A new report that Eskom recently released revealed that the utility has enough electricity for the next five years.

Eskom ready for economic growth

According to IOL, the state-owned company is ready to cope with the country’s projected 2.6% economic growth over the next few years. The report said that Eskom must have an availability factor of 63% to avoid load sheddingand anything below this 50% would plunge the country back into load shedding.

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South Africans are asking themselves questions

Internet users on Facebook were furious when they learned that Eskom has generational capacity for half a decade.

Adrian Snyman said:

“All of a sudden. So last year, what happened?”

The bronze medalist said:

“I tell you: everything is fine with Eskom.”

Ingrid Hammond Wyngaard said:

“This electricity saga is becoming a joke.”

Leonard Paul Van Tonder said:

“There you go. Load shedding was a consequence of the scale of the looting that took place when De Ruyter exposed the thieving politicians who were killing the economy, and that was reluctantly changed.”

Andy Wixinger said:

“Thank you to everyone and the many companies who have switched to solar power and taken pressure off the Eskom grid.”

Siyabonga McDeli said:

“It’s a miracle. Load shedding has been created.”

Craig Sacke said:

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“This is what happens when we are forced to pay insane increases every year.”

Eskom celebrated 163 days without load shedding

In a related article, In brief News reported that Eskom celebrated its 163 days without load shedding on September 7, 2024.

Eskom also revealed it saved R12 billion on diesel between April and September, but netizens accused it of lying. Some cited the charge reduction as proof of the lie they accused Eskom of.

Source: In Brief News