In October, parliament begins its inquiry into Eskom and other state-owned enterprises. As it summons witnesses to give evidence, further details will come to light around the repurposing of governance and the centralisation of rent-seeking opportunities to unlawfully benefit politically-connected elites. The story of state capture at Eskom is long, complex and shrouded in controversy. But no other evidence more clearly shows how state capture affects ordinary people than the steep increases in electricity tariffs over the last 10 years. The biggest drivers of the 400% increase in electricity prices over the last decade are massive hikes in costs of coal and diesel which are allegedly procured in corrupt ways. Currently, the energy regulator is considering an Eskom application for a 19.9% increase for 2018/19.
Catrina Godinho, a co-author of The Eskom Inquiry: Reference Book will ‘join the dots’ between state capture and what has happened at South Africa’s largest state-owned company.
Godinho is a PhD Candidate at the University of Cape Town, working on issues relating to power sector development and reform. She is committed to the principles of energy democracy, transparency and accountability, and economic transformation.
Tuesday 03 October 2017
Time: 17h30 – 20h00
Tshisimani Centre for Activist Education,
69 Main Road/1 Batten Lane,
Mowbray, Cape Town
(close to Forest Hill and opposite the Viljoenhof CPUT residences)
Transport available by prior arrangement, kindly RSVP to:
021 685 3516/8