Chris Yelland: Joburg rejection of Eskom loadshedding shows others the way

Loading player...
The government has found itself in a corner with the energy crisis that Eskom has created. With billions of rand of Eskom debt it has to shoulder and with loadshedding reaching Stage 6 that even lead to mines shutting down; it finally relinquished its grip on power generation in the country and announced that the mines will be allowed to generate their own electricity without a license. But in the true spirit of that’ Boer maak ‘n plan’ spirit that South Africans are known for; Johannesburg has come up with its own solution to loadshedding and while other citizens were counting the minutes until they could charge their devices, the city has announced it would not have the same loadshedding schedule as the rest of the country. In an interview with Alec Hogg, Chris Yelland sheds light on how the city managed that and gives his opinion of Eskom’s new CEO and his challenges ahead. - Linda van Tilburg Learn more about your ad choices. Visit megaphone.fm/adchoices
3 Feb 2020 8AM English South Africa Investing · Business News

Other recent episodes

Boardroom Talk: RIP RW Johnson - leaving a huge hole in your nation's heart

In today's Boardroom Talk, Alec Hogg confirms the death of RW Johnson, one of South African political writing's sharpest and most combustible voices, and reflects on a decade of working with him: the audiobook that started it, the necrotising fasciitis he refused to let slow him down, the Steenhuisen column…
22 Jul 5AM 19 min

Unlocking High-Yield Private Debt: The Jaltech Income Opportunities Fund

Join the leadership team at Jaltech for an exclusive overview of the new Jaltech Income Opportunities Fund - a spin-off from their highly successful Section 12J investment strategy. Designed to target structured debt funding for established, mid-sized South African businesses, this fund addresses an unserved niche left open by traditional…
24 Jul 5AM 29 min

BN Daybreak: Zille on Joburg's last chance; AI stock warnings; Cape gangs; Civic tech

In today's BizNews Daybreak, Helen Zille warns Johannesburg faces its final chance to reverse municipal collapse. Heindrich Wyngaard explains why military presence alone cannot dismantle the Cape Flats' deep-rooted gang economy. Lance Dickson introduces "Ryze," a platform channeling public rage into organized civic action. Finally, Sean Peche cautions investors against…
23 Jul 11PM 15 min