Premium RW Johnson: Thabo Mbeki has become the prophet of SA’s counter-revolution

Premium RW Johnson: Thabo Mbeki has become the prophet of SA’s counter-revolution

Thabo Mbeki is not a man who speaks without thinking. In recent time he has repeatedly warned of a looming counter-revolution.
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Don't miss the superb piece on former South African President Thabo Mbeki from our tribe's favourite columnist…..

By RW Johnson

Thabo Mbeki is not a man who speaks without thinking. In recent time he has repeatedly warned of a looming counter-revolution. Most recently he has suggested that with the weakening of the state there is little to stop the runaway privatisation of the state-owned enterprises. Already Eskom has lost its monopoly of electricity generation. Wealthy individuals and corporates alike – not to mention some municipalities – have all begun to generate their own electricity and as this happens Eskom is bound to enter a death spiral. It will lose many of its best-paying customers and will be tempted to compensate by pushing up electricity prices even further, causing a further flight to privatisation.   

___STEADY_PAYWALL___

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