Mantashe blames private sector for load-shedding

South Africa News News

Mantashe blames private sector for load-shedding
South Africa Latest News,South Africa Headlines
  • 📰 mybroadband
  • ⏱ Reading Time:
  • 44 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 67%

Energy minister Gwede Mantashe has tried to shift the blame for South Africa’s inadequate electricity capacity to the private sector instead of acknowledging the ruling party’s total failure.

Energy minister Gwede Mantashe has tried to shift the blame for South Africa’s load-shedding crisis to the private sector instead of acknowledging any wrongdoing by the ruling party.with 702, Mantashe essentially said a lack of interest from the private sector to invest in new power stations had caused South Africa’s energy crisis.

While the government indeed intended to open the energy sector to private companies, it flip-flopped on policy and failed to finalise any regulations on time. “Timely steps will have to be taken to ensure that demand does not exceed available supply capacity and that appropriate strategies, including those with long lead times, are implemented in time,” it said.

The then-President of South Africa, Thabo Mbeki, even acknowledged that one of the causes of the delay was that government didn’t recognise the urgency of the situation. It said several international events significantly impacted the electricity markets worldwide after Cabinet’s decision to restructure the electricity industry in April 2001. These included:Stalled privatisation of electricity markets in Singapore in 2002The North-eastern United States and Europe power blackouts in 2004

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

mybroadband /  🏆 11. in ZA

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

South Africans Evacuated from War-Torn Sudan Return Home - South African News Briefs - May 1, 2023South Africans Evacuated from War-Torn Sudan Return Home - South African News Briefs - May 1, 2023
Read more »

South Africa: Why South Africa Said It Was Leaving the ICC, Then Flip-FloppedSouth Africa: Why South Africa Said It Was Leaving the ICC, Then Flip-FloppedInterview - In less than 24 hours, the South African authorities announced their intention to withdraw from the International Criminal Court (ICC) before declaring it a misunderstanding. South Africa is due to receive Vladimir Putin in August, while the Russian President is facing charges at the ICC. South African lawyer Howard Varney analyses what is fueling this tension within the ruling party in Pretoria and what it may mean for the ICC.
Read more »

Mantashe calls on Eastern Cape communities to 'stop resisting development' | The CitizenMantashe calls on Eastern Cape communities to 'stop resisting development' | The Citizen[ICYMI] EasternCape urged to 'stop resisting development' 🚀 by Minister of Mineral Resources Gwede Mantashe 👀 Read more on TheCitizenNews 👇
Read more »

Prime frenzy: 'Status symbol' energy drink sold out on Checkers app, in-store stock 'limited'Hours before Prime could go on sale in Checkers stores for R39.99 on Monday, energy drink was sold out on the app.
Read more »

Checkers PRIME customers to pay R400 for energy drinkCheckers PRIME customers to pay R400 for energy drinkWhile R40 for an energy drink may seem quite exorbitant to some, PRIME drinkers may soon have to pay tenfold this amount as the product hits Checkers’ shelves today.
Read more »

First group of South African evacuees arrive from Sudan - SABC NewsFirst group of South African evacuees arrive from Sudan - SABC NewsThere is a sigh of relief from South African nationals who were stuck in Sudan. A group of about 10 South African evacuees arrived at OR Tambo International Airport on Saturday.
Read more »



Render Time: 2025-03-12 23:09:00