The Intelligence from The Economist Tunnel, no lights: South Africa’s crumbling infrastructure
Jan 27, 2023
John McDermott, The Economist's chief Africa correspondent, discusses South Africa’s failing infrastructure, shedding light on the energy crisis and rampant blackouts affecting daily life and productivity. He reveals how corruption and mismanagement in state-owned enterprises like Eskom and Transnet have led to economic stagnation. Additionally, Anne Rowe reflects on the legacy of Ronald Blythe, a celebrated British rural writer, offering a glimpse into the changing facades of rural life, intertwined with themes of tradition and resilience.
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Coal Line Shortfall
- Transnet's coal rail line, once highly profitable, now operates far below capacity.
- This shortfall represents substantial lost revenue for mining companies, exacerbating South Africa's economic woes.
Eskom's Woes
- Eskom, South Africa's energy company, mirrors Transnet's problems with corruption and mismanagement.
- Frequent blackouts, sometimes lasting up to 11 hours, further hinder economic growth and fuel public discontent.
ANC's Ironic Protest
- The ANC's planned national shutdown to protest Eskom's blackouts is ironic.
- The ANC, as the ruling party, bears responsibility for the very problems it is protesting.
