OPINION: Progress on power partnerships, but energy reforms need acceleration

By Busi Mavuso 

One of the positive features of the government of national unity (GNU) has been the openness of ministers to engage with business.

A better understanding of each other’s needs and objectives can help all of us make progress. Last week, we were privileged to host the Minister of Electricity and Energy Dr Kgosientsho Ramokgopa, to address our members on the progress of electricity systems reform.

Later this month we will host the Minister of Trade, Industry and Competition Parks Tau and his colleague, the Minister of International Relations and Cooperation, Ronald Lamola. These ministries, among others, play an important role in affecting the business environment and the ability of businesses to invest and grow.

The legislative foundation for competitive electricity markets is now in place.

The amended Electricity Regulation Act enables Eskom’s restructuring into separate generation, transmission and distribution entities, breaking the monopoly that constrained our energy future.