Eskom's Sinister Financial Problems Are Getting Worse!

South Africa’s “profitable” Eskom is nothing but smoke and mirrors — a façade propped up by taxpayer bailouts and political spin. In today’s video, we dive into the truth behind Eskom’s so-called R38 billion profit, exposing how government handouts and failed debt collection hide the real financial crisis at the heart of South Africa’s collapsing energy sector.

From communist-style appearances of success to the ANC’s obsession with declaring everything a “human right,” this episode unpacks the death spiral of South Africa’s economy — where taxpayers are footing the bill for a power utility that can’t even keep the lights on.

We’ll look at why Eskom remains dependent on government bailouts, how municipalities refuse to pay their bills, and why ordinary South Africans are turning to solar as the country’s grid decays. This isn’t about profit — it’s about survival.

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