Ramaphosa liberalises South Africa's energy sector

📆 7/25/2022 10:32 PM
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President Cyril Ramaphosa on Monday night scrapped licence rules for private power generators in a sweeping overhaul of the energy industry.

scrapped licence rules for private power generators in a sweeping overhaul of the energy industry to end electricity outages that are hobbling the economy.

“Bold, courageous and decisive action” is needed to resolve the problem that’s caused “immense damage” to economic growth, Ramaphosa said. His comments come hours after the presidency

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No more excuses: Ramaphosa announces massive changes for new energy projects in South AfricaPresident Cyril Ramaphosa has announced that the government will introduce new regulations to allow new generation energy projects to come online faster, on an urgent basis, for a limited time.
Source: BusinessTechSA - 🏆 24. / 61 Read more »