Thank you very much for that question. Well, this is an agreement that exist between Eskom and the suppliers of coal. Whatever it has happened along the way, for them to agree on higher rates which are not sustainable, those rates are not sustainable. We took a meeting; the Minister of Public Enterprises and the Minister of Mineral Resources and Energy, and we decided that this contract must be renegotiated. Eskom can't afford to go on and pay these kinds of rates.
A meeting took place with all the coal suppliers together with the two Ministers. The intention of that meeting was to renegotiate those contracts and also to put on the table the question of the quality of the coal that is being supplied. On the side of the quality of the coal we have inspectors now that are inspecting in all our power stations the quality of the coal that goes into our power stations. I am sure that the negotiations are still underway and there are positive signs that they will be lowered. The companies are prepared to lower down this cost of coal. However, obviously they are raising a lot of issues that involves labour, to
say, that if they reduce this cost they will have to layoff workers, which as government we say, no.
We are looking at an amicable way that will be to the best advantage of both Eskom and the coal suppliers. That matter has been attended to. I don't think that is the only matter that has affected Eskom, yes, coal supply is one of the exorbitant costs of coal but secondly, the leadership in Eskom - we think we need to beef up the management of Eskom so that we get the required skills that can run this power utility. That has been also a major concern.
We are also not very happy in terms of the rising debt and how Eskom is managing its debt, it is not only the municipalities alone that have defaulted but it is also worrying that Eskom over the past 10 years has failed to manage its debt of which now the Minister of Finance is working closely with Eskom to ensure that the money that we give Eskom is correctly utilised. Thank you very much. [Applause.]