PHUTI MOSOMANE
FINANCE Minister Minister Enoch Godongwana says government is not going to bailout the cash-strapped power utility Eskom despite its worsening challenges.
The power utility had earlier put in a request to National Treasury for R19.5 billion to purchase more diesel.
Godongwana said government doesn’t have the money to assist Eskom with the purchase of diesel.
Although Eskom did not apply for funding through the budget process, Godongwana said Eskom management should take all the necessary steps to ensure that the power utility secures the diesel needed to avert severe loadshedding.
“We are aware of the impact that Eskom’s diesel shortages may have on already severe levels of load shedding,” Godongwana said.
“Between 2019 to date, we spent R230bn on Eskom.”
Godongwana was speaking at the ANC’s Progressive Forum Breakfast (PBF) breakfast held in Nasrec, south of Johannesburg.
He conceded that government dropped the ball by concentrating on fixing
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