Try look past load shedding, finance minister tells investors

[BusinessTech]

Try look past load shedding, finance minister tells investors

Gearing up to the World Economic Forum, finance minsiter Enoch Godongwana has the tricky job of selling South Africa to the world as a hub for investment, despite rolling blackouts.

 

[ShakeSpeer]

 

[Kung Fu Porkchop]

“An unstable electricity supply remains one of the biggest barriers to economic growth, and it disturbs the lives of all South Africans,” said the finance minister. “Ending blackouts and solving the energy crisis remains among the government’s top priorities.”

 

[As1974a]

There no light to see past Load Shedding

 

[The_Right_Honourable_Brit]

You can't run a modern economy without a stable electricity supply.

 

[Hemi300c]

Has this D@@S replaced Trevor Noah? He wasn't funny either.

 

[blaaislaai]

It's dark, regardless where you look.

 

[Mista_Mobsta]

Maybe Enoch should come clean about the real reason Eskom is failing?

During the Zuma era, the ANC meddled around in Eskom so much that the debt spiraled out of control, contracts were given to companies with ties to Chancellor House and Eskom's staff complement ballooned out of control - ANC using Eskom as their own jobs generator.

 

[B-1]

When I look past the power issues I see a Ba2/BB aka junk credit rating

 

[Tonsilolith]

 

[Benedict A55h0le]

At least the 1st world reps will get some entertainment from SA`s presentation. I hope they will be able to control their laughter.

 

[konfab]

You can't run a modern economy without a stable electricity supply.

Businesses and homes are just going to do that themselves.

 

[konfab]

At least the 1st world reps will get some entertainment from SA`s presentation. I hope they will be able to control their laughter.

They love South Africa. Totalitarian state with a rich tax base and a corrupt government that will do anything and everything they want.

 

[The_Right_Honourable_Brit]

Businesses and homes are just going to do that themselves.

... to those who can afford to do so. Many small businesses can't afford that.

 

[Solver]

The rest of the world aren't as clueless as the voting fodder that willlingly swallows this drivel. Bad enough we don't have electricity now we get a nice dose of embarrassment as well. This anc really has no shame

 

[The_Right_Honourable_Brit]

Interesting that the president prioritises useless shindigs like the WEF forum in Davos in a few day's time over staying in the country...

 

[die_koos]

What these idiots don't seem to understand is that every Rand that a small business spends on a generator, or diesel or batteries is money that could have been spent to grow the business or employ more people.

The knock on effects of this will be with us for 10 more years, even if they magically fix everything today.

 

[konfab]

... to those who can afford to do so. Many small businesses can't afford that.

Africa isn't meant for sissies.

 

[Vorastra]

Try look past your business being closed for hours during the day.

Wow what a good investment.

 

[saturnz]

whats this loadshedding you people are complaining about?

and yes I said "you people"