On Monday, Somaliland government has ordered all undocumented foreign nationals to immediately leave its territory within 10 days, describing this move as strengthening the security and the stability in Somaliland.
https://t.co/hgfSdjZ1Gq
I really wish I had a baby young cause the older I get the less appealing the whole thing is for me. 😭😔 and I genuinely believe motherhood is in the cards for me but damn I know TOO much! Some things just need you to be a little naive 😔
Haibo Mount Ayliff has turned into likkle Somalia/Ethiopia over night every where you look kukho obhuti abane nwele ezi yephu yephu. Last month beku ngekho nje😮💨
South Africa’s electricity tariffs have increased by over 1172% since 2007, outpacing the standard consumer inflation rate by more than six times.
The reason Eskom charges such exorbitant prices for electricity is not because of “Eskom’s monopoly”, as some would like us to believe.
In fact, the reason we get told the problem is Eskom’s monopoly is not difficult to see when you realise that this is said by people who are playing with words, while looking for a piece of the pie with no intention of ever charging less than what Eskom is.
But more importantly, just like water, sewerage and railways, electricity *is* in fact a natural monopoly.
A natural monopoly is wholly different from the regular monopoly that critics accuse Eskom of being. And these definitions are important.
First, a natural monopoly, as the name suggests, arises organically because high fixed costs and vast economies of scale make it more efficient for a single firm to serve an entire market. That’s Eskom and Transnet.
In this sense, high-voltage transmission grids, massive power stations, rail networks, and water pipelines are textbook examples of natural monopolies and it makes zero financial or logistical sense to build three competing sets of railway lines side-by-side from Johannesburg to Durban, or to have four different companies dig up the street to lay competing power grids to your house.
A single entity managing the core grid is theoretically the most efficient way to run it because of those massive economies of scale.
On the other hand, a regular/artificial monopoly is a result of anti-competitive practices, exclusive patents or aggressive mergers to eliminate competition. Think, South African Breweries, Multichoice and De Beers.
Whenever the privatisation brigade yells “monopoly!” without context, they blur the line between Eskom’s inherent structural nature, which is a natural monopoly, and predatory monopolies that use anti-competitive behaviour to choke out alternatives.
As to why Eskom charges exploitative tariffs, we need to remember that the company was originally established as ESCOM to provide cheap, abundant power to fuel South Africa’s primary industries, essentially operating as a utility focused on cost recovery rather than aggressive profit margins.
The shift in the late 1980s to the early 2000s to turn Eskom into a state-owned enterprise that pays taxes, aims for a return on equity, and pays dividends fundamentally changed its DNA because when a natural monopoly is expected to act like a private corporation, it creates a massive conflict of interest because its primary job is no longer just keep the lights on at cost, but to maximise revenue to cover debts, expansion, and state returns.
And because people cannot live without electricity, a corporatised monopoly can aggressively raise tariffs because consumers have nowhere else to go. So, from this perspective, the exploitation of the public by Eskom’s tariffs is not a result of lack of competition, but a result of being run like a private corporation.
Therefore, the idea of solving the expense problem by introducing competition is just a red herring. History shows that when public utilities are opened to a profit-driven market, the new entrants never compete to lower prices for the average consumer; they instead compete to secure lucrative, guaranteed returns like Independent Power Producer contracts. You can see one example of this here. (https://t.co/txCvBEhFip)
People are asking how Landani didn’t give Menzi HIV. She was on ARVs for years and she had an undetectable viral load. She couldn’t pass on the virus. We truly need HIV educational shows back on TV
@Eskom_SA how do I report a faulty meter, your chat bot doesn't have that option and my reference keeps showing up as solved but the electricity comes and goes all hours of the day, multiple times a day.
Anyone know Nonhlahla Majozi, 11 year old girl that went missing yesterday in JHB (originally from KZN) please contact me ASAP🙏🏾🙏🏾 she’s safe and we’re trying to locate her family. Please share