South Africa's Energy Minister warns of an energy crisis due to municipalities failing to invest in Eskom infrastructure, owing R78bn.
South Africa's new Energy Minister, Dr Kgosientsho Ramokgopa, warns of a new energy crisis, as municipalities fail to invest in infrastructure maintenance and modernization, leading to costly issues on the distribution side. Municipalities owe Eskom R78bn and projections suggest it could escalate into trillions of rands over the next 26 years. Ramokgopa calls for immediate action to address this debt, as it threatens to collapse the power utility.
July 08, 2024
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