The president believes part of the solution to South Africa’s electricity issues is introducing another state-owned power utility.
President Cyril Ramaphosa has said that one of the government’s solutions to South Africa’s load-shedding problem is introducing another state-owned power utility to compete with Eskom.
“Eskom has not only been in a state of distress for the past 15 years. It is no longer suited for the current technology and economy.” “For much of its history, this model that we have pursued has worked, but we are today witnessing the great risks associated with placing sole responsibility for electricity generation in one company,” said Ramaphosa.
The president said he would announce further interventions to bring new generating capacity to the grid in the coming days.address the issue of South Africa’s rotational power cuts. “What the past two weeks have demonstrated is that we need to do more and do so with the utmost urgency.”
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