Essential: People queue in Khayelitsha, Cape Town, for their basic income grants. If the grants don’t keep up with inflation the millions of people who rely on them feel the pinch. Photo: Pieter Bauermeister/AFP There is no denying that Eskom ’s shortcomings have and will probably continue to cost the economy, which, despite what the recent GDP figures imply, is still in a bad shape.
Giving the power utility the money it needs to keep going, even if it is a sputtering swan song, should be a priority. But budget tightening, which has garnered the treasury plaudits by a number […]
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