There is some hope for load shedding in South Africa: CEO

There are early signs of progress coming out of the new ministry of electricity.

Although a slew of bad news has surrounded the energy crisis in South Africa, big business is positive that steps are being taken in the right direction.

Following a recent meeting with the new electricity minister, Kgosientso Ramakgopa, Mavuso said that the minister’s department was quick to reach out to businesses at large and ensure that they become a critical stakeholder in dealing with the crisis. “The Resource Mobilisation Fund exists only to receive and raise donations, procure capacity and skillsets, donate these to Necom and then report back appropriately,” and won’t engage in policy advocacy, said Martin Kingston, the executive chairman of the local unit of Rothschild & Co.

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