Privatising the utility is not the answer – Mabuza on Eskom

Deputy President David Mabuza told Parliament that privatising embattled power utility Eskom is not an option.

Mabuza stresses that privatising Eskom is not the answer

The Deputy President was responding to questions in the National Council of Provinces on Thursday, 18 August. While he noted that load shedding is a major problem, Mabuza stated that he does not believe that privatising the utility is the answer.

“We managed in the past to run this utility and we can’t fail. I don’t think privatising the power utility is the answer going forward,”

said Mabuza.

Mabuza said the National Energy Crisis Committee has five interventions that it will focus on including reducing the severity and frequency of load shedding. This will be done by implementing measures that stabilise the energy system.

Ramaphosa previously said Government would open up to private investments

EWN reports that President Cyril Ramaphosa shared plans to handle the energy crisis and stated that Government would open up to private investments in order to establish a ‘competitive electricity market’.

The president also said that Government would speed up the procurement of new capacity from gas, battery storage and renewables.

Mabuza was answering questions in Parliament when he said the plan was to reduce the frequency and severity of load shedding. Photo: GCIS / Flickr

Joburg may soon DITCH Eskom – with new plans for ‘private power’

Previously, it was reported that Joburg Mayor Mpho Phalatse has got some encouraging news for residents in the sprawling municipality. Her office has submitted proposals to source 500 MW of power from private suppliers, reducing the city’s reliance on Eskom.

Rolling blackouts have crippled South Africa in 2022, and we’ve already notched up our worst year of load shedding on record. Stage 6 power cuts and blackouts lasting for WEEKS, rather than days, have pushed citizens to the brink. All this, amid high fuel costs and increasing food prices.

Although President Ramaphosa has announced a number of sweeping interventions to end load shedding once and for all, this won’t be an overnight fix. Indeed, while composing this article, we were informed that Eskom are implementing Stage 2 outages from 16:00 on Tuesday, 16 August . Read the full story here.

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