Eskom is dom, rising to new heights.... in debt

 Eskom have known for years that they cant keep sucking the country dry while making their fat pockets richer by not investing their profits back into upgrading resources for future growth.

Back in 1995 they were warned by experts that has probably by now left the country because of South Africa's racist and white hating BEE and AA programs, where they employ black people that mostly has no experience in what they are doing causing the country thereby to fall further into chaos. They were warned that if they dont upgrade and keep on upgrading the grid or electricity system to put it into simple terms it will overload and do exactly what it did.

They did not plan for growth, they did not expand or upgrade pretty much anything, they ran the ever growing grid (before 1995) until the day (two or three years ago) that it could not handle the capacity that it needs to be at.

So this year they want to rip off the poor citizens of this country even further, not to speak of the already 100% cost they added to some places, they want us to pay their shocking R9.7billion loss of the past year.

Yes you heard it correctly, Eskom lost R9.7billion in the last financial year and they blame it on having to upgrade the grid.