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of similar losses this year. these are bleak days for eskom the south african electricity utility supplies more than 90 percent of the power in africa s most advanced economy but it s facing a fight for its life according to its outgoing c.e.o. we are now freezing to death by a truck. and you are facing this death this death spiral because offsetof accuse of the number of our clients that are moving off to create. this comes death spiral can be summed up as follows long dependent on government bailouts it has massive debts the cost of servicing those debts is rising yet it is losing customers and clients the company lost $20000000000.00 rand last year the equivalent of $1500000000.00 and expects to lose the same in the current financial year due to capacity issues eskom has had to implement regular