Mining News

We owe the board and management of Eskom our full support, Ramaphosa asserts

“We owe the board and management of Eskom our full support as they work to turn the utility around,” President Cyril Ramaphosa writes in his weekly newsletter. Published against the backdrop of a recent bout of Stage 4 load-shedding and fresh finger-pointing over who is to blame for intensifying load-shedding, Ramaphosa insists that the crisis has its roots in events that pre-date the current Eskom leadership. “Despite warnings from energy experts about impending energy shortages nearly two decades ago, there was a delay in commissioning new generation capacity. “Despite warnings from energy experts about impending energy shortages nearly two decades ago, there was a delay in commissioning new generation capacity. “When construction began on Medupi power station in Limpopo in 2007 it was the first power station to be built by Eskom in more than 20 years.

Share this article