Nedbank CEO Mike Brown sees power crisis​ as a chance for investment

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Nedbank boss says SA’s power crisis could ‘crowd in’ private investment into an electricity sector that is keeping GDP growth anchored at about 1.5%

The electricity crisis that is threatening to sink SA’s economy further into the abyss of low growth and high unemployment is an opportunity as much as a challenge, which could encourage more private investment into the power sector.

That is the view of Nedbank CEO Mike Brown, who spoke to Business Day from Davos, Switzerland, just minutes before an SA-specific session was due to kick off at the World Economic Forum’s annual conference...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.

 

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The ideas are there, heck even the solutions are there... But sadly the political will, and competent leadership.. Aren't.. Cry the beloved country

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