Eskom recently announced plans to install smart meters in homes nationwide as it seeks ways to reduce energy demand.
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Trade unions at Eskom have agreed a new three-year wage deal on Thursday giving a 7% pay rise for each year.
The finance ministry has appointed a consultant to come up with a plan by August to allow Eskom to accept billions in loans.
South Africa will ask China to help ensure a reliable supply of solar panels to deal with the country’s energy crisis.
Eskom chairman Mpho Makwana said further gains can be expected from the utility’s generating fleet.
The presidency says South Africa is moving quickly from a centrally planned energy system to a decentralised, liberalised electricity market.
Ending power cuts completely will probably take another five years if the infusion of more solar and wind capacity proceeds as currently planned.
Instead of kowtowing to government, business should insist the state steps aside, the Free Market Foundation has argued.
The electricity crisis is a barrier to growth, destroys investor confidence and handicaps almost every economic activity.
Eskom expects to be able to suspend load shedding for a few hours this weekend.