Johannesburg

Sunday

Sunny. Refreshingly cool.

3°C
19°C

7 day forecasts

City Press User

Let’s cut spending on arms and invest in Eskom

by
2009-11-08 14:00

MINISTER of Finance Pravin Gordhan’s medium-term budget fails to consider our current ­energy crisis.

Inflation has never been anywhere near 15% over the past 10 years, so what justified the 18.4% access ­average increase?

For the past 10 years these increases have ­already been crippling the taxpayer.

Even if Eskom gets the sought 145%, it will still need about R30?billion to fund its infrastructural development programme. Is it not time for the government to intervene in this matter?

It is astonishing that we budget several billion rands to acquire freight planes but we cannot afford to spare R30?billion to avoid astronomical electricity hikes.

What further boggles the mind is that we lose billions to alleged kickbacks and spends hundreds of millions on minister’s cars and houses but cannot afford to bail out ­Eskom.

Judging by our ministers’ ­extravagant tastes I am sure they can personally afford a 2?000% ­energy hike. This may be why they do not understand how the masses cannot ­afford a 145% hike.

In the short term let us rather spend less on arms and distribute these funds to Eskom.

Italian philosopher Niccolo Machiavelli once said: “There is no avoiding war; it can only be postponed to the advantage of ­others.”

Indeed, if war is in the pipeline, then can it rather be postponed until our domestic issues are ­resolved?Tebogo DitshegoKagiso

Rate this story:

Comment on this story


isaac 11/9/2009 6:45:30 AM
Maroga must not go anywere, he must remain in his position until woners cry
ZION PAY 11/13/2009 12:52:33 PM
Let us bury ESKOM. Maroga is an honourable man. The answer to our troubles lies in the incompetent hands of those who do not know. So let us seek a private utility, one that is built on rock foundations and integrity.
yusuf 11/17/2009 3:11:22 PM
Mbeki is responsible for the problem Eskom finds itself in. Mbeki was duped by America not to build another nuclear power station as the technology might fall in wrong hands. Instead Mbeki was duped into signing the arms deal, which was supposed to provide 100 000 jobs. The only jobs the arms deal provided for was for the workers in the west.
Karooseun 11/22/2009 5:00:33 AM
Use candles untill crime and corruption has been dealt with, as it is South Africa's major problem.
Tebogo 11/25/2009 2:08:03 PM
Instead of going for the loans route,they can always issue out shares to the public. In that way they'll raise their capital margins, and aid in development of the required infrastructures and general expanditure.
Your name
*
Email
*
Comment
*
 
 

inside city press

Weather
Traffic
Lottery
Cpt: 12-18°C Sunny. Mild. Pta: 6-23°C Sunny. Mild.
Jhb: 3-19°C Sunny. Refreshingly cool. Bloem: 4-20°C Sunny. Refreshingly cool.
Dbn: 15-27°C Sunny. Mild. PE: 14-22°C Sunny. Mild.
7 day forecasts...

Jobs - Find your dream job

Chief Financial Officer

Gauteng - JHB North/Sandton
Network Finance Menlyn
R1000,000-1500,000 Per Annum Cost To Company

Chief Financial Officer

Gauteng - JHB North/Sandton
Network Finance Menlyn
R1000,000-1500,000 Per Annum Cost To Company

Senior Voip Engineer

Gauteng - Johannesburg
Pinpoint One Human Resources (Pty) Ltd
R360,000-467,000 Per Annum Cost To Company

Cars - Search 1000's of new and used cars

TOYOTA

RunX 180 RX 5-dr MY04
2006
R 139,995.00

VOLKSWAGEN

Polo 2.0 Highline 5-dr MY05
2010
R 189,995.00

VOLKSWAGEN

Polo 1.8T GTi 5-dr
2009
R 209,995.00

Property - Find a new home

KALK BAY

House R 13 000 000

MOSTERTSDRIFT

House R 16 000 000

SCHOONGEZICHT

House R 1 900 000

Travel - Look, Book, Go!

Free Games - TOO MUCH NEWS? TAKE A BREAK!

Kalahari.net - shop online today

Up to 20% on Electronics

Visit the Electronics Shop for the latest products and appliances. Get great deals on branded products.

All Music on Sale

Up to 20% off absolutely everything. Order your copy of the new MGMT, Madonna & more!

Review & WIN + Top eBook Titles Now R69.95!

Pay R69.95 for eBooks @ kalahari.net! Top titles from Orange Prize Longlist 2010. R200 Vouchers & a Cool-ER eReader up for grabs!

Lower prices on Books!

Millions of titles to choose from. Now save up to 30% off!

DVDs for R129.95 Each

Get all the bestsellers and new releases for R129.95 Now! 100s of DVDs to choose from.

Hot Deal of the Day!

Watches on Sale!

Up to 60% Off!

Designer Watches of the World. Now on Sale. Choose from a wide range of brands, including Dolce & Gabbana, Diesel, DKNY, Fossil & more.

Save on all Books, Toys, CDs, DVDs, Games & more!