- Joined
- Sep 2, 2019
- Messages
- 1,799
Energy War Room will battle load-shedding
South Africa’s government revived a so-called Energy War Room to tackle the nation’s electricity crisis, as it brought forward the date when the incoming chief executive officer of the state power utility will start work.
The team, to be headed by Deputy President David Mabuza, will seek to avoid a repeat of a nine-day blackout earlier this month that risks tipping the economy into recession. Debt-ridden Eskom Holdings SOC Ltd. is struggling to meet demand for electricity because of its failure to properly maintain aging plants and invest in new ones.
In addition to Mabuza, the war room will consist of Finance Minister Tito Mboweni, Energy Minister Gwede Mantashe and Public Enterprises Minister Pravin Gordhan, Minister in the Presidency Jackson Mthembu told reporters at a cabinet briefing Tuesday in the capital, Pretoria.
[Bloomberg]
South Africa’s government revived a so-called Energy War Room to tackle the nation’s electricity crisis, as it brought forward the date when the incoming chief executive officer of the state power utility will start work.
The team, to be headed by Deputy President David Mabuza, will seek to avoid a repeat of a nine-day blackout earlier this month that risks tipping the economy into recession. Debt-ridden Eskom Holdings SOC Ltd. is struggling to meet demand for electricity because of its failure to properly maintain aging plants and invest in new ones.
In addition to Mabuza, the war room will consist of Finance Minister Tito Mboweni, Energy Minister Gwede Mantashe and Public Enterprises Minister Pravin Gordhan, Minister in the Presidency Jackson Mthembu told reporters at a cabinet briefing Tuesday in the capital, Pretoria.
[Bloomberg]