There is world wide re-action after the announcement that the world bank has approved the loan to Eskom for the development of the coal fired Medupe power station in Lephale in the Northern province. Everyone who is anybody has an opinion and so do I
If you leave politics and personal emotion out of the equation this was a good business decision by the World bank. America (USA) abstained from voting which was probably the best for them at this stage. There are some hotheaded Senators that has a mouthfull to say about things they do not understand.
The Americans cannot even sort their own healthcare problems out let alone try to understand a complex country like South Africa.
The one thing South Africa does not need now is the world hypocrytes and Green fanatics to critise us. The fact that we (myself included) have no faith in the capabilities of our Government does not mean that we should not be positive in the prospects of possible growth due to the granting of the loan and the prospects that we will not have to pay exorbitant fees for electricity.
From the desk of John Brandow
Centurion Entrepreneurs is a collective name for a group of Entrepreneurs that are focused on getting involved in Entrepreneurial development in various ways: Training potential Entrepreneurs to be able to start viable new businesses, offering our services as non executive Directors in new and existing ventures ( Fees on a performance only basis - we perform..we get paid, we do not perform we are OUT !
Friday, April 9, 2010
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