The sorry state of South Africa’s state power utility starkly illustrates just how far the country slipped during former President Jacob Zuma’s scandal-marred rule and the enormity of the task of rebuilding the nation’s stricken finances.
Browsing: Cyril Ramaphosa
South Africa will deploy police and intelligence officers at Eskom power stations to prevent sabotage as the government implements a plan to end outages and help the utility recover.
A lobby group representing South African banks has urged President Cyril Ramaphosa to prioritise the country’s wider interests rather than securing votes for the ANC.
President Cyril Ramaphosa reached out to labour unions that oppose his plans to break up the state power utility on Thursday, reassuring them that the move is not aimed at privatisation.
South Africa’s struggling power utility started a third day of power outages, blaming issues including failures at two huge new power stations that are also the main source of the company’s massive debt.