President Cyril Ramaphosa will deliver his seventh state of the nation address on Thursday at a parlous juncture in his tenure.
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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.
South Africa’s electricity crisis is costing the economy as much as R899-million/day, according to central bank estimates.
A floating electricity price would help to alleviate the chronic shortage of power in South Africa.
South Africa’s biggest business group urged President Cyril Ramaphosa to use an upcoming cabinet reshuffle to improve government’s performance.
The government is considering declaring a national state of disaster as record power cuts cripple the economy.
Eskom is again looking for a chief executive. But running the utility surely ranks as the worst job in the global energy industry.
South Africa made fresh inquiries about securing electricity supply from Turkey’s Karpowership as it battles its worst-ever power outages.
For many years, critical maintenance was deferred and our power stations were run too hard to keep the lights on. We are now paying the price for these miscalculations.
The most severe power cuts ever experienced in South Africa are threatening food and water supplies and disrupting the lives of millions of people.