RATING ESKOM: ‘Let’s hope Moody’s cuts us some slack’ — Davies

It’s pretty obvious that if we are having load shedding, it is going to have a dampening effect on our economy,” said Trade and Industry Minister Rob Davies on Tuesday.It’s going to mean that production is not happening at the scale it was meant to be happening at.”

in the world, in Atlantis in the Western Cape. The Hisense factory there, which produces televisions and fridges, lost power during the visit. The uncertainty this created has caused the plant to investigate generating its own power supply instead of relying on Eskom. These changes have been “impeded by bad governance and lack of cohesion across governance”, along with State Capture and corruption.Rather, people saw an opportunity to take their “little bit”, all of which added up to “institutional damage on a significant scale”.

Does the ANC deserve more 'slack'?

fuck moody

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State capture impeded DTI’s efforts to re-industrialise economy, says Rob DaviesThe minister says the election of President Cyril Ramaphosa provides hope and the investment climate has improved, but Eskom is a serious risk Imagine my surprise at Red Rob wheeling out the big one out as his excuse for having achieved sweet F ALL 🙄 He's been saving this one for the elections all that time 🤣 Red Rob looks very angry
Source: BDliveSA - 🏆 12. / 63 Read more »