| Dear Fellow South Africans, The unexpected load-shedding last week disrupted the lives of millions of people in their homes, workplaces and businesses. The cost to our economy of power outages is significant. It contributes to investor unease at a time when we are trying to attract more domestic and foreign capital to South Africa and to improve our global rankings on ease of doing business. It is also understandable that South Africans became frustrated and angry. This latest round of load-shedding makes even clearer the urgency with which we must act to protect our energy supply. While technicians are working around the clock to fix problems at several power stations and restore the grid to stability, government last week released the updated Integrated Resource Plan (IRP). It is our policy blueprint for the country’s industrial, commercial and household energy needs until 2030. It provides clarity and certainty |
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