Ramaphosa: Resolving Eskom’s Power Crisis Isn’t Just Urgent; It’s Fundamental To SA’s Economic Recovery

CYRIL RAMAPHOSA

FOR more than a week now, South Africans have had to endure the disruption and inconvenience of intermittent load shedding, as the country’s power stations have not been able to produce enough electricity to meet demand.
 
The electricity shortage has been a problem for more than a decade, with economic activity being severely interrupted every time there is a power cut, affecting smaller businesses and large industries alike.

Over the years, it has contributed to slow economic growth and weak investor confidence.
 
Resolving our energy challenges isn’t just urgent; it is fundamental to South Africa’s economic recovery. That is why we are making every effort to bring new power generation capacity online in the shortest possible time.
 
A major step forward in this effort was the announcement last week by the Minister of Mineral Resources and Energy of the companies that had successfully bid to