Venezuela's lesson for SA about energy: Economic health hinges on Eskom success

- | 4 months ago

EDINBURGH — Africa analysts watch Venezuela closely because its economic model is admired in some quarters.

Julius Malema of the Economic Freedom Fighters is a known supporter of Venezuela policies. Not as obvious – and perhaps more worrying because it is the ruling party and remains powerful – is that the ANC, in its approach to Eskom, is wittingly or unwittingly doing a Venezuela number on South Africa.

Venezuela’s energy system is in deep trouble, as is South Africa’s.

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