Black Business Council backs President Cyril Ramaphosa's state of disaster on power crisis

  • 📰 SowetanLIVE
  • ⏱ Reading Time:
  • 57 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 26%
  • Publisher: 63%

Business News News

However, the council said it is sharply opposed to Ramaphosa's plan to appoint an electricity minister.

"The BBC welcomes the declaration of a National State of Disaster on the Energy crises and will await more details on the matter. However, the BBC is not convinced that an appointment of a Minister of Electricity in the Presidency will contribute anything positive to the ending of loadshedding as this will just add another layer of bureaucracy on an already complicated situation," read the council's statement.

BBC added that it was concerned about Ramaphosa's failure to mention the broad-based black economic empowerment in his State Of the Nation Address , signals that"black person you are on your own".ted by the omission of the importance of the B-BBEE, especially as the B-BBEE Act is turning 20 years this year. This is a clear indication that government does not take economic transformation seriously. The BBC views this as “black man/woman, you are on your own," said the council.

"As we said before, time for too much talk and announcements about intentions is over. It is time for n as the economy and job creation can not be left to hope," said the council. "Our reinvigorated law enforcement agencies are taking firm action against companies and individuals alleged to have been involved in state capture," he said.e BBC notes the planned finalisation of the Billen-owned enterprises and would like to emphasise that until and unless the 40% set aside for women and any other marginalised group is entrenched in the PPB, these intensions will remain a pipedream.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 13. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Black Business Council backs President Cyril Ramaphosa's state of disaster on power crisisHowever, the council said it is sharply opposed to Ramaphosa's plan to appoint an electricity minister. Now I'm scared. They want to loot that's all
Source: SowetanLIVE - 🏆 13. / 63 Read more »

Black Business Council backs President Cyril Ramaphosa's state of disaster on power crisisBlack Business Council backs state of disaster on power crisis: However, the council said it is sharply opposed to Ramaphosa's plan to appoint an electricity minister. Banana(R)epublicans A Big No 2 minister of Electricity GwedeMantashe1 can lead that dep since MYANC took resolution in December 2put Eskom_SA into Energy ministry Never a waste of public money while we hv PhalaPhalaFarmGate a Joke of the century Never 🙏 rem recent DigitalVibe scandal👉 SONA23
Source: SABreakingNews - 🏆 41. / 51 Read more »

Black Business Council backs President Cyril Ramaphosa's state of disaster on power crisisBlack Business Council backs state of the disaster on power crisis: However, the council said it is sharply opposed to Ramaphosa's plan to appoint an electricity minister.
Source: SABreakingNews - 🏆 41. / 51 Read more »

Carol Paton | Ramaphosa prepares for his 7th SONA, but his legacy is already in tatters | BusinessOPINION | President Cyril Ramaphosa gives his seventh State of the Nation address on Thursday. Will he be able to turn things around? asks politicsblahbla. politicsblahbla Short answer? No. politicsblahbla Nope politicsblahbla No
Source: News24 - 🏆 4. / 80 Read more »

Carol Paton | Ramaphosa's desperate energy measures have set SA up for disappointment again | BusinessOPINION | The energy crisis measures that President Cyril Ramaphosa announced in his State of the Nation Address have set SA up for disappointment, and likely won't even help the ANC end load shedding before the 2024 elections, writes politicsblahbla. politicsblahbla These only way 🇿🇦 can recover from this bad situation we are in now our leaders are stubborn clueless can't figure it out on solve I know how. politicsblahbla After the 'SONA' last night, I feel the GEPF is under threat. Why? I think there are plans to use money from there for the 'State of Disaster (loadshedding)'. That must never happen. Otherwise there will be a revolt from more than one million members and pensioners. politicsblahbla There’s a huge difference between energy crisis and electricity crisis. Energy is inclusive of oil, gas, petroleum, electricity, etc, while electricity is one source of energy. Please get it right!
Source: News24 - 🏆 4. / 80 Read more »

Why Business Talk is South Africa’s leading online business talk showBusiness Talk with Michael Avery is South Africa’s top online business talk show and continues to grow in popularity.
Source: BusinessTechSA - 🏆 24. / 61 Read more »