Investors address electricity crisis at 5th South Africa Investment Conference: Ramaphosa - SABC News

  • 📰 SABCNews
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 51%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

President Cyril Ramaphosa says the electricity crisis was one of the issues investors addressed at the fifth (5th) South Africa Investment Conference. loadshedding energycrisis

The conference which was held in Johannesburg last week provided a huge boost to the country’s digital economy, with investment commitments exceeding the last set target of R1.2 trillion in 2018.

Ramaphosa, in his weekly letter, states that to take advantage of this inward investment and see it increase, South Africa has to urgently resolve the electricity crisis and the theft and destruction of ICT infrastructure. Ramaphosa states that government is working to address these challenges and improve the operating environment.

This as the President states that the investments in the digital economy will propel our country into a new era of innovation and progress adding that not only is the digital economy important for growth, but it is also vital to the provision of key services such as education, social services and health care.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

The president is thinking again.... Ummmm...... Ohhhhhhh..... ummmmmm.... Ohhhh... Maybe the electricity in Sa is a problem...?!?... 🤔🥴🥴🤥

SABC don't you guys get tired from lies thus guy tells you.

Yet decommissioning is still his plan, which is rolling as we speak. By 2030 almost 6 coal powered stations will be completely closed

🚮🚮🚮🚮🚮

Nxaaaaa maaka man aokgathale go bolela maka mara

No shit Sherlock....

Ramaphosa never particularly disappointed me until today after reading this tweet. 'Investors', tjo!

When he hosting a Q and A session?

Yes, and?

As if 'investors' are not behind electricity crisis at Eskom in Order to pace way for RE

We know that those who should be responsible for our current situation as nation don't suffer the same pain as our own self as for the poor we will remain poorer and poorest

Nato puppet

What a waste of a tweet!

Vote the ANC out of power

Awufuni ukuyeka lamanga akho asegazini ngeke

Because Anc see clearly that in 2024 they will not win the elections.They will collide with this independent candidate🤔🤔🤔🤣🤣🤣🤣🤣Politics is a dirty game🤣🤣🤣🤣🤣

No shit Sherlock. Investors are normally people with common sense, that’s why they have money. Being intelligent people, they would not invest a cent while the comrades are in charge🤮🤮🤮🤮

All talk this so called President.

Tsek!

Ramaphosa he's not make sure this one.

Thumamina

Uyanya! It's their mess.

What about Phalaphala

So what are you doing about this?

This loadshedding and stages thing is a scam. How do they know there not enough power in advance? And how they know there will be breakdowns in advance? They think we are idiots. There is no electricity crisis. This is all caused by anc theft and corruption..

So what? What is he doing about it? Useless president Cyril Ramaphosa 👃

We're in this mess because of these fools

Nonsense, why do we have loadshedding if those fake investors addressed electricity crisis.

Can someone clarify for me on which measures our government has put in place to end load shedding besides repairing the broken power plants? Eskom reportedly experiencing problems on a regular basis. It will be good to know if Eskom has started building any new power plants

How can investors address our electricity issue? Did they not raise the issue instead? Re na le mathata a serious mo. So we waiting for investors to address our issues? Do we still have a country has it been outsourced already? MYANC MyPAConline Rise_Mzansi EFFSouthAfrica

Only says what the investors says.PROBLEM SOLVED.

What is that suppose to mean to the current schedule and darkness?

A liability to our country this one.

Isphukphuku lesi.

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:

 /  🏆 37. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines

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

Major red flags for investment in South AfricaAnglo American group CEO Duncan Wanblad says investors are frustrated by South Africa’s failing infrastructure. 6 hours a day no lights who wil come n invest in south africa... Unfortunately nobody worries You keep pushing our rand value to its lowest,loadshetting just because of winter around the corner,and money laundering,you want money for yourself and not for the sake of our country so look where we are ending up because of our president Only money Launderers and criminals would want to invest their money in South Africa
Source: BusinessTechSA - 🏆 24. / 61 Read more »

South Africa needs more than just big investment numbers: CEOBusi Mavuso, the CEO of BLSA, says that investment is not the only metric influencing economic growth. Stop over complicating the issue. Safety and power stability are 1, but you have to bring the hammer down sooner than later. If Eskom is having to deal with sabotage, then nobody is safe.
Source: BusinessTechSA - 🏆 24. / 61 Read more »

Investment the South African way: break stuff, then ‘invest’ to fix itRamaphosa’s failure as a leader is almost complete now. The entire investment conference and the targets supposedly met are fake, writes Peter Bruce. Bruceps Investment conference and lies on Investments are meant to distract us from the current crises Eskom_SA Bruceps It is actually fake. Corporate South Africa came to the event to share their CAPEX budget figure. And we call it investment summit. Bruceps MokgethwaMacha1 abuti ga re bale
Source: SundayTimesZA - 🏆 47. / 51 Read more »