LIVE | Ramaphosa admits ANC policy, poor management and corruption caused load shedding, poor Eskom performance ANC55 ANCNationalConference
Ramaphosa singles Transnet out as an example of one of the SOE's in trouble. He says reforms will"revitalise and reposition" the SOE's.SOE's functioning and performance remains a significant challenge, with several struggling with significant debt, under-investment in infrastructure, the effects of state capture and a shortage of skills.Ramaphosa speaks strongly about sabotage and corruption at Eskom.
Also very significant is the fact that Ramaphosa agreed with De Ruyter's approach to emphasise maintenance of power plants.A special law enforcement team has been set up at Eskom to tackle sabotage, theft and corruption at Eskom.Ramaphosa said the procurement of emergency power should be investigated."This too is an option that is to be focused on as we move forward." He says if they don't do it, load shedding will remain with us for a long time.
This gives rise to a sense of hopelessness. He concedes that there are areas where"progress has stalled" or been eroded.49m ago- Zintle Mahlati51m ago Ramaphosa says there was much they have been able to do, referring to interventions to address the Covid-19 pandemic. He says there have been measures to put the economy on a sustained growth trajectory.- Jan GerberRamaphosa says this glorious movement [the ANC] has dedicated its life to the betterment of the people of South Africa. He says it is imperative that they never forget their founding principles.
There seem to be fires breaking out everywhere, with chanting and sloganeering and delegates banging on tables intermittently. It feels like an unruly drinking hole late on a Saturday where drinks are spilled, tempers flare and fisticuffs one misunderstanding away.In times of uncertainty you need journalism you can trust. For 14 free days, you can have access to a world of in-depth analyses, investigative journalism, top opinions and a range of features. Journalism strengthens democracy.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
ESKOM LIVE | Some relief as Eskom reduces load shedding from Thursday | BusinessJUST IN | Some relief as Eskom reduces load shedding from Thursday | News24_Business
Read more »
LIVE: Ramaphosa heckled by ANC conference delegates | City Press
Read more »
AFTER THE BELL: The problem with Eskom is that it’s not just EskomThe problem is not André de Ruyter, it’s parastatals. Even the Chinese government doesn’t hold majority stakes in most of the country’s largest companies, and this is not an unthinking decision.
Read more »