Pierre Crous - 'n Toekoms

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Pierre Crous Pleidooi aan die Volk

Gee jou mandaat by ulacongress.com

Eskom testing positive

Perhaps there’s an even deadlier virus doing the rounds as Eskom gets infected by socialist tendencies to take from those who have (paid their bills) and give to those who have not. 

From a MyBroadband article with the headline "Eskom's secret power cuts", compiled by Bradley Prior:

Eskom is implementing power cuts over and above load-shedding to certain areas to minimise the burden placed on the grid by illegal consumers.

This was disclosed to MyBroadband following a complaint by a reader that they were receiving power cuts over and above the scheduled cuts. 

The reader said residents of Midvaal, Drumblade, and Walkerville have suffered regular outages even when load-shedding was not meant to be taking place.

Eskom told MyBroadband that these power cuts are intentional, and are not part of load-shedding. It said the cuts were aimed at reducing the load placed on its grid by illegal consumers.

“It costs Eskom a substantial amount of money to generate and deliver electricity to ‘illegal consumers’ during the peak periods, who indiscriminately use electricity and burden our ability to provide services adequately due to energy resources constraints,” Eskom said.

The reader who contacted MyBroadband stated: “Homes and businesses in our area are getting no reprieve. We are being abused and victimised.”

The minorities of South Africa have a legal right to stand together and hit the ANC where it hurts most. Help us to get the 2 million mandates for the ULA to www.ulacongress.com. The Legal process is 97% complete. 

Sasol takes a dive

When the beacon of South African ingenuity, which helped the country thrive during sanctions, goes bankrupt, there is not much hope for the economy.

From a Fin24 article with the headline "Sasol loses another 40% of its value in an hour - it's now down 95% from last year", compiled by Helena Wasserman:

Sasol's share price lost 40% of its value in opening trade on Thursday morning.

The share price briefly dipped below R30 - from R470 less than a year ago. Its share price has now lost almost 95% of its value since April last year. 

Sasol - until recently one of South Africa's ten biggest companies, and traditionally one of the biggest local corporate taxpayers - is now valued by the market at less than R20 billion. 

It has a debt burden of more than R120 billion. Investors are concerned that Sasol may contravene its loan agreements with banks following the oil crash.

Some of Sasol's loan conditions (so-called debt covenants) require that its debt-to-profit levels remain above a certain level. Sasol's profits will take a hit from the lower oil price, which will probably leave it in breach of these debt covenants. This means that its loans could become payable immediately.

There is still hope but only if we take back management of our own country and allow ingenuity to thrive again. Help us to get the 2 million mandates for the ULA to www.ulacongress.com.

Prasa, train disservice

Plans to further collapse the struggling economy is well on its way with train commuter service, Prasa, not paying their electricity bills.

In an IOL article with the headline "Battling Prasa grateful City of Cape Town delays disconnection for train commuter's sake", reporter Okuhle Hlati writes: 

Cape Town – Uncertainty over the train service in the metro persists as the Passenger Rail Agency of SA (Prasa) still faces being disconnected by the City for failing to meet its financial obligations.

Power at all Prasa offices and facilities was expected to be cut yesterday by City officials, who cited municipal rates and services debts of R114 million by Prasa.

“We are grateful that the City has not cut our electricity supply because that would have undoubtedly affected the City’s train commuters.

“Our message to the City is that Prasa is going through a cash flow crunch,” said Prasa spokesperson Makhosini Mgitywa.

He said efforts to resolve the situation were being made.

The ULA has also been making efforts over the last 8 years to resolve the situation and now waits upon us, to make an effort and get the 2 million mandates to www.ulacongress.com by telling 1 person about the ULA every day: There is a solution if you want it!

Eskom power stations collapse

Due to ageing equipment that has never been maintained, 4 Eskom power stations are now facing collapse.

From a Fin24 article with the headline "Load shedding expected until Thursday - due in part to a big electrical fault at Majuba power station", by Khulekani Magubane:

A fault at the Majuba power station in Mpumalanga, which put all four of its generating units out of action, has contributed to a return of load shedding - for the first time since 22 February.

Stage 1 load shedding will continue until 23:00 on Monday evening. Load shedding is expected until Thursday this week. 

Eskom spokesperson Sikonathi Mantshantsha told Fin24 on Monday morning that the utility faced several challenges at four power stations over the weekend.

Mantshantsha said ageing infrastructure would continue to be a problem for Eskom, and would exacerbate the risk of load shedding for some time.

He said the ageing machinery at some stations was unreliable and unpredictable. As such, he concluded, South Africans must expect that they will have these problems that will lead to bouts of load shedding, often on short notice.

No one seems to ask what all the billions of bailouts and loans Eskom has accrued over the years was spent on if not to upgrade and maintain the infrastructure. Help us to get the 2 million mandates for the ULA, to www.ulacongress.com by telling 1 person every day: There is a solution if you want it! 

Caring for the elderly

Even with private funding, pensioners in South Africa are struggling to get by.

In a Fin24 article, with the headline "SA pensioners in dire financial state, report shows", reporter Marelise van der Merwe writes:

Under a fifth of South Africans over the age of 60 are receiving private pensions, a new report has shown.

In addition, state old age grants can provide significant relief to even private pensioners, many of whom receive under R6 000 a month - around a quarter of the country's average salary.

The current old age grant is R1 780 monthly. It has been increased to R1 860 per month in the latest Budget. 

Help us to get the 2 million mandates for the ULA, to www.ulacongress.com by telling 1 person every day: There is a solution if you want it!