PP Adv Mkhwebane to Eskom:

We're investigating IPPs based on Anti-Poverty Forum's complaint who allege:

1. Politicians pressured Eskom to sign IPPs

2. Eskom buys IPPs at 223c kWh & sell at 89c kWh. About R21bn p.a. loss

3. IPP benefits Banks, overseas investors & BEE partners

Lungile Mashele (Energy Expert):
Diesel
2017 = R340m
2023 = R21bn

EAF
2017 = 75%
2023 = 50%

Maintenance
2016 = 14%
2022 = 10%

Profit
2016 = R900m profit
2023 = R23bn loss

Load shedding
2016/17 = 0 days
2022 = 200 days

Duduzile:
Were Brian & Koko better?

Lungile:
The best

Drone footage purports to show Vladimir Putin's secret R21bn palace on Russia's Black Sea | Business Insider SA🇿🇦

ow.ly/XWrP50DfiZK

* #SOUTHAFRICANAIRWAYS ( #SAA ) ADMINISTRATORS PROPOSE R21BN BAILOUT: DA
(Bloomberg)

Lungile Mashele (Energy Expert):
Diesel
2017 = R340m
2023 = R21bn

EAF
2017 = 75%
2023 = 50%

Maintenance
2016 = 14%
2022 = 10%

Profit
2016 = R900m profit
2023 = R23bn loss

Load shedding
2016/17 = 0 days
2022 = 200 days

Duduzile:
Were Brian & Koko better?

Lungile:
The best

Accelerating economic growth by building partners. Vedanta commits R21bn in a smelter refinery in the Northern Cape #investSA #InvestmentConference

When Cyril Ramaphosa took over the presidency from Jacob Zuma, he said SA had excess power. Meaning SA had more than enough electricity.

A year later #Eskom incurred R21bn in loses. And #Loadshedding is back again. I guess it doesn't matter though, he is fighting state capture.

Why mobile telco’s are not great businesses.

Vodacom $JSEVOD

Cash gen from ops: R21bn

FCF -181m.

Capex and debt sucks up all the FCF...

And then you have companies like $KARO who are built on top of the network and capture more FCF than the network.

The jab on Phakamani Hadebe is hilarious.

Indeed he failed.

Pres Cyril Ramaphosa 🇿🇦 & the ThumaMina Brigades have nothing to show at Eskom Hld SOC Ltd since they took over.

Its been disaster after another culminating in a R21bn loss & growing.

Again, no amount of bailout will save it

The ANC NEC says Pravin Gordhan has failed and they want to assess his track record as Minister of SoEs,

Taking to account that under Him;

*Eskom Made a R21bn Loss
*SAA placed on business rescue without explanations
*Denel unable to pay salaries etc

NEC against SoEs Privatized

Embattled SAA gets unsolicited R21bn offer for 51% stake - report
bit.ly/2QPfF8I

30/ How foes irregular expenditure come to R21bn? Because we are playing political games.

RT Izwe Lethu: Lungile Mashele (Energy Expert):
Diesel
2017 = R340m
2023 = R21bn

EAF
2017 = 75%
2023 = 50%

Maintenance
2016 = 14%
2022 = 10%

Profit
2016 = R900m profit
2023 = R23bn loss

Load shedding
2016/17 = 0 days
2022 = 200 days

Duduzile:
Were Br…

So White Businesses are Subsidized by the State through the Public Procurement Budget of R920bn & Public Investment Corporation of R2tn. Woolworths got R5bn, Steinhoff R21bn, Edgars R3bn etc BUT Blacks must build businesses and not depend on the State for Subsidies. Fucking hell

Times LIVE I almost thought Times LIVE made a mistake. R21,000,000,000! R21Bn! Just where did this money go when women and children are still in the pits with GBV? Cops are still very poorly trained?

So what’s the damage? Steinhoff loses R134bn in market cap, STAR R22bn, Kap R21bn and PSG R6bn. Total R183bn. Watch out for grumpy old men when you walk the streets of Stellenbosch this December. One of the ugliest stories I’ve lived through after 45 years on the JSE.

This is destruction and taking from Koko who made no losses and thrn pile R21bn loss 2 years in a row is destruction. You and your God go and jump

4 infrastructure projects worth R21bn get the green light zcu.io/93fq #Infrastructure #Construction #Tenders

There is no house that can cost R21bn, stop spreading lies

What adds liquidity pressure to the Land Bank is that the majority of loans originated by Land Bank have a term that is more than 5 years, while a large portion of its Funding liabilities (amounts borrowed) are due before 5 years (with R21bn due in the next 12 months).