Energy

No need for Electricity Minister by end-2024 – Ramokgopa

South African Electricity Minister Kgosientsho Ramokgopa said an anticipated improvement in electricity supply should see him out of a job by the end of 2024. 

The country, which crippling power cuts have plagued, will get an additional 6,000 MW of supply from state sources by the end of the year, Ramokgopa told an infrastructure conference organized by Ninety One in Johannesburg on Tuesday.

“There will not be a need for this ministry by the end of the year,” he said. “I will be the happiest person within three months. More and more, you will wake up to a hot bath. Much later, a cooked meal at home.”

President Cyril Ramaphosa appointed Ramokgopa to help resolve the 15-year power crisis last year.

Outages, often lasting 10 hours or more daily, have slowed economic growth and have become a lightning rod for criticism of the ruling ANC’s management of the economy in the run-up to national elections in May.

Within about a week, the government and the state power utility, Eskom, will announce how private investors can participate in an expected R390 billion expansion of the national transmission grid, Ramokgopa said. 

Newsletter

Top JSE indices

1D
1M
6M
1Y
5Y
MAX
 
 
 
 
 
 
 
 
 
 
 
 

Comments