Under pressure to up government delivery and SA economic growth ahead of a key election year in 2024, President Cyril Ramaphosa met senior business leaders again on Tuesday, together with key cabinet ministers, to receive an update on progress made in the closer collaboration between government and the private sector.
“While we have identified key milestones and set out the processes to achieve these, the real test of our success will be in the results felt by ordinary citizens. 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 declared.
“Full implementation of the plan across three core priorities – improving the performance of Eskom’s existing power stations; adding new generation capacity; and reforming the energy sector – will result in over 12 GW of generation capacity being recovered or added to the system from Eskom and the private sector by the end of 2024,” it noted.
“The One Stop Shop for energy projects has been established, and a Memorandum of Understanding has been signed with the Energy Council to support enhancement of its capacity and systems to further streamline regulatory processes and facilitate private investment in energy generation,” it added.