Tag: Cyril Ramaphosa

Increasing Grid Capacities for Renewable Energy Projects The South African Minister of Electricity, Kgosientsho Ramokgopa, has highlighted the government’s urgent need to expand transmission lines, aiming to cater to the surge in renewable energy projects in the pipeline. The planned expansion is anticipated to require a significant R210 billion investment. Over the past decade, Eskom […]

Thursday, July 6, 2023 South Africa’s Cabinet has expressed satisfaction with the considerable improvement in Eskom’s energy availability factor, which has risen to nearly 70%. Grid Enhancement and Improved Maintenance This positive shift comes as approximately 400 megawatts (MW) of power have been incorporated into the grid, coupled with a rapid advancement in planned maintenance […]

Turning the Diplomatic Tide President Cyril Ramaphosa’s strategic efforts to dissociate South Africa from perceived alliances with Russia are starting to yield results, bringing a reprieve for the beleaguered rand, as the focus shifts towards the world market trends over local tribulations like persistent load-shedding. The cloud of uncertainty over the potential grid collapse and […]

Paving the Way for Power Four months after announcing Kgosientsho Ramokgopa as the new Electricity Minister, South African President Cyril Ramaphosa has confirmed that he’s still hammering out the budget details for the nascent ministry. This is a crucial step, given the department’s legislative responsibilities. According to Ramaphosa, the presidency is working with the National […]

In an extraordinary meeting held this week, South African government officials and key business sector representatives convened to construct a comprehensive plan. The agenda? Tackling head-on the challenges besieging the nation. Under the rally cry of “removing obstacles to inclusive economic growth and job creation,” the meeting marked a historic collaboration between sectors. Top Priorities […]

June 7, 2023 In a promising move towards inclusive economic expansion and job creation, the South African government has formed a robust partnership with key representatives of the business community. This initiative aims to collaboratively identify and navigate the challenges presently confronting the South African economy. Building Bridges, Overcoming Obstacles On Tuesday, top executives of […]

It’s hard to overstate the profound impact that load shedding has had on South Africa. For the uninitiated, load shedding is the deliberate shutdown of electric power in a part or parts of a power-distribution system, generally to prevent the failure of the entire system when the demand strains the capacity of the system. It’s […]

A tense economic scenario ensues as South Africa prepares to confront its latest GDP figures amid sweeping power cuts and inflation. In an environment characterized by the double blow of persistent power blackouts and soaring inflation, South Africa teeters on the brink of an economic free fall. A weakened rand, steadily climbing interest rates, and […]

June 5, 2023 In a direct response to pressing local government issues, President Cyril Ramaphosa, in an urgent call to action, urged the nation to tackle the service delivery bottlenecks hindering the progress of local governance. These obstacles range from skills shortages and governance lapses to a lack of accountability and insufficient consequences for failures. […]

South African President Cyril Ramaphosa, alongside Public Enterprises Minister Pravin Gordhan, is seeking to challenge a recent court mandate demanding an exemption of key public services from electricity blackouts, a move they deem unrealistic. The Appeal Unfolds In response to a court ruling passed on 5th May, Ramaphosa and Gordhan have filed for leave to […]