Eskom’s chickens are coming home to roost
- Eskom sold just 178 terawatt-hours of electricity, a 6.2% decline from the previous year.
- The decline in electricity sales is attributed to South Africans reducing their reliance on the power utility, with more adopting solar and small-scale embedded generation systems.
- Eskom's CEO, Wayne Duvenage, warns that the utility's continued reliance on government subsidies will become a 'serious noose around the country's neck' if it fails to adapt.
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