Budget: Gauteng will only fund sound, credible and affordable plans to end loadshedding – Mamabolo 

PHUTI MOSOMANE

GAUTENG MEC for Finance Jacob Mamabolo says although the energy supply challenge facing the country has become the single biggest threat to economic recovery and future growth, the province will be extremely careful in funding solutions meant to mitigate against the energy challenges. 

Mamabolo said this is not only because of its effects on the supply of electricity, but also on water and sewerage reticulation.

“That is why there is heightened activity in finding solutions to mitigate the effects of load-shedding. Despite the haste to find solutions, it will be prudent to resource only those proposals that are sound and credible from a technical perspective, as well as affordable,” Mamabolo said delivering his 2023 Gauteng Budget Speech. 

The Office of the Premier, working together with the Corporative Governance and Traditional Affairs (CoGTA), Gauteng Provincial Treasury and Gauteng Infrastructure Financing Agency (GIFA), are building in-house energy capacity to support efforts that the province and municipalities are making in finding lasting solutions to the current