Kevin Mileham: Struggling ESKOM plunges millions into the dark - again…

Loading player...
Millions of South Africans were plunged into peak-hour darkness again last night. In this interview with BizNews, Kevin Mileham, the Democratic Alliance (DA) spokesperson on Electricity and Energy, says that ESKOM's fleet is running at 28% unplanned outages - and that “this last week, they've burned 210 million rands worth of diesel to keep the lights on.” As for sabotage, Mileham says: “I think that we've come a long way in that respect, that there's less, to use that word, sabotage than there was before… and I think that certainly the department and ESKOM are taking steps in that regard to weed those people out and take the necessary action against them. It's not happening as quickly as I would like, but there are steps being taken.” ESKOM is also battling the financial impact of corruption . “I think one of the challenges that we've got is, and again, I'm going to emphasise State Capture as being part of the problem, that we had a massively corrupt entity where things ran years over time, cost more than double what they were budgeted for. And as a result, ESKOM's balance sheet took a huge hammering.” Meanwhile, Mileham expresses concerns around the National Transmission Company which he says “needs to be really fully independent…it needs to be out of ESKOM's control and more independent minded so that there's a level playing field between ESKOM and the private sector generators.” He notes that ESKOM still behaves in a “very monopolistic fashion; that they aren't willing to play fairly and competitively with other role players”.
14 May 2025 6AM English South Africa Investing · Business News

Other recent episodes

BizNews Edge: James Gubb on how he is hedging the AI boom

Veteran investor James Gubb joins BizNews Edge to cut through the AI hype, weighing today's data centre spending against history's biggest capital booms and explaining why he's backing energy and nuclear stocks over AI names themselves. Also on today's show: Sasol's operational turnaround continues even as its share price cools…
21 Jul 10AM 26 min

Ramaphosa impeachment would cause big fractures in the GNU

In this interview with Chris Steyn, Independent Governance Expert Richard Chelin predicts that an impeachment of President Cyril Ramaphosa would have grave consequences for the Government of National Unity (GNU) - particularly in the light of Vice President Paul Mashatile’s keenness to work with parties other than the Democratic Alliance…
21 Jul 6AM 21 min

BN Daybreak: Police generals' R3.6 bn salary bill; AGOA reforms; Andy Burnham; DA governance

In this episode of BizNews Daybreak, we cover global strikes in the US-Iran conflict, Red Sea shipping risks, Paramount's blocked merger, and new UK Prime Minister Andy Burnham. Locally, Parliament's Ian Cameron questions SAPS's R3.6bn senior leadership salary bill, Mayor Chris Pappas highlights uMngeni's governance model, Russell Lamberti proposes subnational…
21 Jul 12AM 13 min