Fikile Mbalula: Use departments’ underspent funds to address Eskom crisis

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Fikile Mbalula: Use departments’ underspent funds to address Eskom crisis: The ANC wants to push ahead with shifting Eskom to the mineral resources and energy ministry

lekgotla this week wants to push ahead with moving Eskom from the public enterprises ministry to the mineral resources and energy department — in addition to declaring a state of national disaster over the energy crisis.

This would entail redirecting underspent funds from departments to Eskom and to infrastructure projects, while consideration should also be given to restructuring and financing the state-owned power utility’s debt. This would take the form of a centralised command centre in the presidency, as was done in response to Covid-19, using disaster legislation to speed up the process of releasing funds and cutting red tape around new power generation.indicated that an additional 46 000 megawatts of power was required to address load-shedding “by the end of the year.”

Decisions had been made in response to “the call across the country that there has to be an extraordinary approach” and were guided by “information and evidence” and interactions with a variety of stakeholders and civil society.

 

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