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Load shedding over, focus turns to soaring power costs: Ramaphosa

Load shedding over, focus turns to soaring power costs: Ramaphosa

By GhanaSummary NewsroomSouth Africa

While load shedding has largely been eliminated, Ramaphosa says affordable electricity remains critical to sustaining energy-intensive sectors such as metals and engineering.

Addressing business leaders, the President acknowledged ongoing challenges linked to load reduction in some communities but stressed that future reforms must balance security of supply with competitive electricity prices to support industrial growth, investment and job creation.

That is why the next phase of electricity reform must now focus, must now focus us not only on security of supply, which we’ve been working on, but also on reducing the cost of electricity.

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