Private companies to add 4GW to grid by end-2024

Private companies are expected to add more than 4 gigawatts of electricity generation capacity to the grid by the end of 2024 as the government accelerates efforts to increase private sector participation in its power, rail and water industries.

Presentations released on Tuesday by Operation Vulindlela, a unit run by the presidency and the National Treasury that aims to remove blockages to investment, show the measures the state is taking in a bid to compensate for the deteriorating performances of state-run companies...

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Former 'private sector darling' Ramaphosa losing business sector favourThe Ramaphosa administration is, once again, under heavy scrutiny from the sector, losing his appeal as South Africa's numerous political and economic woes continue to throttle its already frail image.
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