Editor's noteLettersOpinion

Where is the money?

Resident fed up with load shedding.

Averil Berger from Primrose writes:

In a daily newspaper on Friday, July 3, it was reported that the treasury had sold its Vodacom stake to the PIC, to fund Eskom’s cash flow problems.

The stake was sold for more than R26-billion, according to the article.

My question is: where has this money gone, when we are still experiencing daily power cuts of four to five hours?

As a senior citizen Eskom has already cost me R1 100 for computer repairs, not to mention daily costs for gas, paraffin and candles.

Where is the R26-billion and for what is it being used?

Is this just another cover up for gross incompetence?

At Caxton, we employ humans to generate daily fresh news, not AI intervention. Happy reading!

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