ICYMI: Energy Economist Lungile Mashele has slammed the governing ANC’s plan of a second state-owned power utility.
Energy Economist Lungile Mashele has slammed the governing ANC’s plan of a second state-owned power utility., President Cyril Ramaphosa announced that the party is considering establishing the entity to reduce the risk posed by Eskom’s failings. According to the president, the proposal was tabled by Energy and Mineral Resources Minister Gwede Mantashe.
Mashele says this shows just how out of touch the governing party is with what is happening in the country. Eskom went to government and told them they were going to run out of electricity in 10yrs and they need to do something. The failure of Eskom emanated at that point and that was at the hands of the ANC. This is the same ANC that’s now saying that they want a second entity.
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