Ramaphosa says turnaround at Eskom will bear fruit soon busrep
JOHANNESBURG - President Cyril Ramaphosa today told local and international investors that South Africa’s economy would be in ‘top gear’ as he assured them that the turn around at state-owned power utility Eskom would bear fruit.
“We want to not only change gears but get into top gear,” Ramaphosa told fund managers during the Goldman Sachs conference held in Johannesburg. Ramaphosa also said problems of governance, management and corruption were being addressed at state-owned entities including Eskom and state-owned logistics company Transnet.
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