President Cyril Ramaphosa has met with members of Cabinet and senior business leaders to receive an update on progress made in the collaboration between government and business.
“We are confident that by working together and marshalling the significant resources and expertise that exist in our country, we will end load shedding, fix our logistics system, and tackle crime and corruption,” the President said. Business and government reaffirmed the importance of the EAP as the country’s blueprint for reducing the severity and frequency of load shedding in the short term and ending it altogether in the long term.
Encouraging progress has been made in the establishment of the National Transmission Company of South Africa , with all three licenses approved by the National Energy Regulator of SA , and the appointment of an independent board is in process. “Six of the eight work streams of the National Logistics Crisis Committee are now fully operational, while the remaining two will transition from Operation Vulindlela. Interventions to improve the operational performance of the multimodal bulk freight rail network and port system are well underway through the NLCC”.