Tag Archives: Eskom

Running back towards the cliff

On Tuesday, Minister of Finance Pravin Gordhan delivered the Budget Speech. One fact was abundantly clear: the tax kitty is depleted. South Africa’s government doesn’t have the money to fulfill all its obligations. In the same week as Gordhan’s Budget … Continue reading

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With our toes on the edge of the abyss

Last year, South Africa had its feet at the edge of an abyss. President Jacob Zuma dismissed Finance Minister Nhlanhla Nene and replaced him with Desmond van Rooyen. Under huge pressure, four days later Zuma relented and replaced van Rooyen with former Finance … Continue reading

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South Africa is heading towards the edge of a cliff

Around two years ago, I expressed my concern for the future of South Africa. The events of the last few months have left me even more worried. South Africa is in crisis and I don’t know how much longer it … Continue reading

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