President Cyril Ramaphosa announces a new plan for the embattled Eskom.
President Cyril Ramaphosa announced that the Department of Public Enterprises would cease to exist in the future as state-owned entities are planned to revert to their respective departments.
The DPE, currently headed by Pravin Gordhan, is a shareholder representative for the government that oversees several state-operated companies engaged in energy, logistics, defence, mining and more. During the recent cabinet reshuffle , Ramaphosa appointed a new minister of electricity to execute the national energy plan.when it was first announced, as it went against many ANC leaders’ expectations for the national power utility to shift to the portfolio of the minister of mineral resources and energy – currently Gwede Mantashe.
For his part, Ramokgopa said his approach to the role is as a portfolio manager, and that he will be steering clear of politics. However, he has executive powers that give him direct control over the power crisis and may supersede both the energy and public enterprises departments.
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