South Africa’s latest round of stage 6 load shedding is devastating and is already being felt across the economy, says Business Leadership South Africa chief executive Busi Mavuso.
Writing in her weekly open letter, Mavuso said that this is most clearly seen in the labour market, with some companies forced to cut staff as they cannot open for trading.
“This is obviously also a crisis for Eskom, with the loss of generation capacity directly linked to illegal labour action accompanied by sabotage and violence. Yet chief executive André de Ruyter was front and centre to explain to the country and to business what was happening. Mavuso said the only way to ensure the country does not face these outages again is to diversify the sources of electricity in South Africa.
“The renewable energy independent power producers programme can procure far larger power production. Within a matter of years, we could substantially diversify the producers of electricity in South Africa.”“One very good intervention has been the decision of Eskom to make available the vast tracts of land it owns in Mpumalanga to independent power producers. Much of this land already has the regulatory approvals needed to produce electricity and is close to grid connection points.
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