{"id":77321,"date":"2015-01-15T12:32:26","date_gmt":"2015-01-15T10:32:26","guid":{"rendered":"http:\/\/businesstech.co.za\/news\/?p=77321"},"modified":"2015-01-15T12:32:35","modified_gmt":"2015-01-15T10:32:35","slug":"eskom-a-glorious-company","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/trending\/77321\/eskom-a-glorious-company\/","title":{"rendered":"Eskom a &#8216;glorious&#8217; company"},"content":{"rendered":"<p>Deputy President Cyril Ramaphosa visited Eskom on Thursday and described the under-strain power utility as a &#8220;glorious company&#8221;, its CEO said.<\/p>\n<p>&#8220;The deputy president referred to it as a glorious company,&#8221; Eskom CEO Tshediso Matona told reporters in Johannesburg.<\/p>\n<p>In the same briefing, Matona warned that there would be no end soon to load shedding, or scheduled blackouts.<\/p>\n<p>&#8220;This is a pattern that Eskom is going to find itself in for some time to come.&#8221;<\/p>\n<p>Matona said he had been with the company for three and a half months.<\/p>\n<p>&#8220;I have come to understand much more deeply the nature of the problem and what is required to deal with it.<\/p>\n<p>&#8220;We know what the problem is [and] we know what solution is required to get out of the situation that we find ourself in, as Eskom and as a country.&#8221;<\/p>\n<p>Eskom is like a car that has not been maintained, Matona said.<\/p>\n<p>&#8220;The metaphor of a car is very useful. If you continue to drive a car without maintaining it, it will carry you but at some point it breaks down.<\/p>\n<p>&#8220;I think this is what is happening with many generating units at Eskom.&#8221;<\/p>\n<p>Eskom has had a &#8220;maintenance philosophy&#8221; but it did not always stick to it.<\/p>\n<p>&#8220;Eskom has not stayed faithful to that maintenance religion for a very, long time. The reliability of our equipment is the price we are paying,&#8221; the CEO said.<\/p>\n<h3 class=\"my-4\">More on Eskom<\/h3>\n<p><a title=\"When to expect Eskom\u2019s next load shedding\" href=\"http:\/\/businesstech.co.za\/news\/general\/77125\/when-to-expect-eskoms-next-load-shedding\/\"><strong>When to expect Eskom\u2019s next load shedding<\/strong><\/a><\/p>\n<p><a title=\"No quick fix for Eskom crisis: expert\" href=\"http:\/\/businesstech.co.za\/news\/general\/77103\/no-quick-fix-for-eskom-crisis-expert\/\"><strong>No quick fix for Eskom crisis: expert<\/strong><\/a><\/p>\n<p><a title=\"Government may pull out of Vodacom: report\" href=\"http:\/\/businesstech.co.za\/news\/mobile\/70979\/government-may-pull-out-of-vodacom-report\/\"><strong>Government may pull out of Vodacom: report<\/strong><\/a><\/p>\n<p><a title=\"Power under stress but stable for now: Eskom\" href=\"http:\/\/businesstech.co.za\/news\/general\/77051\/power-under-stress-but-stable-for-now-eskom\/\"><strong>We\u2019re in a financial crisis: Eskom<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Deputy President Cyril Ramaphosa visited Eskom on Thursday and described the under-strain power utility as a &#8220;glorious company&#8221;, its CEO said.<\/p>\n","protected":false},"author":4,"featured_media":74888,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[1293,1164,26],"class_list":["post-77321","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-trending","tag-cyril-ramaphosa","tag-eskom","tag-headline"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/77321","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=77321"}],"version-history":[{"count":1,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/77321\/revisions"}],"predecessor-version":[{"id":77323,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/77321\/revisions\/77323"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/74888"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=77321"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=77321"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=77321"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}