The fight over who owns South Africa’s transmission grid has burst spectacularly into the open.
Browsing: Busi Mavuso
Johannesburg’s R5.3-billion debt threatens its power supply, but the even bigger fight is over structural electricity reform.
Business is calling for urgent intervention to stabilise a city that accounts for 16% of South Africa’s GDP.
Eskom’s generation recovery is working, but unbundling has stalled and municipal debt signals deeper trouble.
The president’s clarity of electricity reform was welcome but his silence on de-industrialisation was alarming.
South Africa will push ahead with breaking up Eskom and creating a standalone company to run the transmission grid.
Eskom’s revised unbundling plan threatens grid investment. President Ramaphosa must clarify his stance on electricity reform.
There are life and death decisions that government must make about South Africa’s vehicle industry.
The economy is showing recovery signs as key infrastructure reforms begin strengthening growth prospects.
Eskom’s success is foundational to South Africa’s economic future, writes Business Leadership South Africa CEO Busi Mavuso.