Mining News

Ramaphosa outlines six steps to tackle electricity deficit in disrupted Budget Vote speech

President Cyril Ramaphosa outlined six steps for addressing the country’s electricity shortfall in a Budget Vote speech that was delayed and disrupted by opposition Members of Parliament who objected to the address from proceeding in light of a criminal complaint having been lodged against Ramaphosa in relation to the alleged theft of foreign currency from his Limpopo farm in 2020. Speaking against the backdrop of an intensification of load-shedding, Ramaphosa said government was “seized with the need to get as much new generation capacity on to the grid as possible, as quickly as possible”, confirming Eskom’s estimate that the shortfall could be as large as 6 000 MW.

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