"The sporadic availability of power and instability of the national grid is... one of the greatest threats to the South African economy," it said.
On one of the worst days of power cuts last December, some mining firms were forced to suspend operations for at least 24 hours after Eskom implemented severe rationing.Eskom 'protected its monopoly' The Minerals Council hailed Ramaphosa's undertaking to"implement measures that will fundamentally change the trajectory of energy generation in the country."
The mining industry said it will have a combined capacity to produce 1.5 gigawatts of electricity in the next 36 months.At the mining conference, Sibanye-Stillwater mining firm chief executive Neal Froneman told AFP that previously Eskom had made it incredibly difficult for his company to get approvals to generate its own power.
Is what continues to destroy the economy.. we are way past threats now, this has been happening for a while
Are we being sabotaged?
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Business aims to hold government accountable for Sona promisesBusiness Unity SA has welcomed some points raised in the state of the nation address (Sona), but plans to engage with President Cyril Ramaphosa about some issues he did not address. With a little donation of R10 you can bring a joy to someone's life...please donate to Mandy's outreach organization by dialing to *120*002*253056 we help needy primary pupils who are struggling to buy themselves sanitary pads. Yeah tough like guy... Ramaphosa was all about spending the money... Saying anything that would be consisered as business confidence building is heresy to the ANC. that's a start there
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