Privatizing the utility is not the answer, says Mabuza about Eskom
David Mabuza, who is Vice President, said that Eskom has problems, but he said that privatizing the utility is not the answer.
Deputy President David Mabuza told Parliament that the troubled power company Eskom cannot be sold.
On Thursday, August 18, the Deputy President answered questions in the National Council of Provinces. Mabuza said that load shedding is a big problem, but he doesn't think that the solution is to privatize the utility.
"We've been able to run this service before, so we can't fail. I don't think that selling off the power company is the way to go,"
Mabuza said that the National Energy Crisis Committee will focus on five things, one of which is making load shedding less severe and less frequent. This will be done by taking steps to keep the energy system stable.
EWN says that President Cyril Ramaphosa talked about his plans to deal with the energy crisis and said that the government would allow private investments to create a "competitive electricity market."
The president also said that the government would move faster to buy new power from gas, batteries, and renewable sources.
Mabuza said that the plan was to cut down on the number and severity of load shedding when he was answering questions in Parliament.
Earlier, it was said that Joburg Mayor Mpho Phalatse had some good news for the people who live in the large city. Her office has put forward plans to get 500 MW of power from private companies, which would make the city less dependent on Eskom.
South Africa has been crippled by rolling blackouts in 2022, and we've already had our worst year of "load shedding" ever. Stage 6 power cuts and blackouts that last WEEKS, not days, have pushed people to the edge of their ability to cope. All of this is happening while gas prices are high and food prices are going up.
Even though President Ramaphosa has said he will take a lot of steps to end load shedding for good, this won't happen overnight. In fact, as we were writing this article, Eskom told us that Stage 2 outages would start at 16:00 on Tuesday, August 16. Here is the full story.
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