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Say goodbye to cheap electricity

2015-01-26 16:24 by Pam

Cheap and abundant electricity supplied by the state-owned power utility Eskom was the underlying assumption of almost all South Africans for over a generation. This assumption, over the long term, as we now are seeing, is a faulty one and if the country is to get through its present crisis, then it will have to preserve and build its economy using entirely different foundations. That won’t be easy – for anyone. Cherished economic policies will not survive and the way the country is managed will have to change too.

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