President Cyril Ramaphosa has defended his plans to appoint a minister of electricity in his office.
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The new electricity minister will assume full responsibility for overseeing all aspects of the country’s response to crippling power cuts, President Cyril Ramaphosa said.
The rand slid on Monday after ratings agency Moody’s flagged risks from crippling power cuts and as the dollar advanced.
Eskom is seeking approval to release more of the pollutant linked to ailments ranging from asthma to heart attacks.
President Cyril Ramaphosa declared a state of disaster on Thursday to fight South Africa’s paralysing power crisis. What does it mean exactly?
President Cyril Ramaphosa’s declaration of a state of disaster over the energy crisis resorts to a measure that resulted in massive squandering of public funds.
The rand is headed for a fourth weekly loss versus the dollar. The currency’s underperformance is specific to South Africa.
President Cyril Ramaphosa has declared a national state of disaster over South Africa’s crippling power shortages, saying they posed an existential threat to the economy.
President Cyril Ramaphosa will deliver his seventh state of the nation address on Thursday at a parlous juncture in his tenure.
Consumers will face much higher prices unless the government urgently finds solutions to the power cuts that are crippling the economy, an industry group has warned.