‘We’ll redouble efforts to resolve the energy crisis,’ says finance minister

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Godongwana said the country has prioritised 26 structural reforms

, eight reforms have been completed while another 11 are progressing well and a minority are facing delays in implementation.

While the progress should be celebrated, Godongwana said some might be frustrated with the slow pace of the implementation on the ground, “in the case of restoring Eskom’s energy available factor to 70% seem unattainable. We are mindful of these reforms and over the coming months we will redouble our efforts to resolve the energy crisis and ensure that the reforms facing implementation challenges access the support they need to progress.

In the energy sector the country has seen bid window six of the renewable energy programme open and preferred bidders have been announced from bid window five. “We have also revived several water quality monitoring systems, we have had the green drop report published recently for the first time since 2014. This allows for better monitoring of water and waste water treatment quality and accountability.”

“Completing this will allow spectrum an additional frequencies [the 700 and 800] to be used for mobile telecommunication. We are anticipating a further substantial boost for investment in the sector to stem from this.” Implementing the recommendations of the work visa review, which is forthcoming, will enable firms to attract skilled personal and this will further promote investment and growth.

 

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We'll redouble efforts to resolve the energy crisis, says finance minister Enoch GodongwanaWith ongoing challenges faced by power utility Eskom, stabilising the supply of electricity tops Operation Vulindlela’s five structural reform initiatives. Tell me something new. I never believe in making money online before but since I started seeing different people testifying about evelymiddleton ,i was so interested in to investing with her because all friends who Invested have all received their profits successfully and so do I evelymiddleton The delinquent will simply force prices higher . Its a no-brainer. Pun intended.
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