Eskom warns of total grid collapse

Eskom CEO Tshediso Matona has stated that one unexpected event at any of its power stations can push the country to the total failure of the national electricity system that may take weeks to resolve.

power lines

Eskom previously said it may take two weeks to restart the electricity system, should a national black-out occur.

Matona also said load shedding can be expected from next week, according to Christo van der Rheede, CEO of the Afrikaanse Handelsinstituut who attended the meeting.

In reaction, Professor Raymond Parsons from the North West University Business School said whether Eskom can keep the lights on in the period ahead will be critical for the country’s economic prospects in 2015.

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“Business people need the assurance, not only that production will not be again seriously disrupted as industry and commerce reopen this month after the holidays, but also for investors who need to have certainty if they are to commit themselves to the SA economy in the long term.”

Read more at Moneyweb

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