Ramaphosa believes SA has turned the corner with energy crisis
In the year since government teamed up with the private sector to address energy and logistics challenges, Ramaphosa said there had been significant grid capacity recovery.
FILE: President Cyril Ramaphosa engaging with members of the media following his Oral Reply to questions to the nation on various national developments during the hybrid sitting of the National Council of Provinces held at the National Council of Provinces in Cape Town on 12 September 2024. Picture: GCIS
JOHANNESBURG - President Cyril Ramaphosa said that he believes the country has turned the corner in addressing the energy crisis, as Eskom continues to keep the lights on.
Load shedding has been suspended for more than half a year, the longest run since 2020.
The absence of crippling power cuts has given big industries, including mining and manufacturing, a much-needed boost as economic activity picks up marginally.
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In the year since government teamed up with the private sector to address energy and logistics challenges, Ramaphosa said there had been significant grid capacity recovery.
Speaking at the launch of phase two of the government business partnership in Sandton on Tuesday night, Ramaphosa hailed the joint efforts to boost the economy.
"Reforms in the energy sector have unlocked hundreds of billions of rand in investment, helping to address the long-standing shortfall in our electricity supply."