President Cyril Ramaphosa urged Eskom management to rapidly restore its ailing power stations and promised government assistance for the task.
"We are not going to privatise Eskom," he added."We are going to strengthen Eskom so that it can deliver energy as it should."Eskom, which supplies 95-percent of South Africa's electricity, has been crippled by poorly designed coal-fired power stations, as well as decades of mismanagement and alleged corruption under former president Jacob Zuma.
Ramaphosa on Saturday urged Eskom management to rapidly restore its ailing power stations and promised government assistance for the task.South Africa's government has pledged R128-billion to Eskom over a three-year period that began in February 2019. This week, the World Bank cut its economic growth forecast for South Africa from 1.0-percent to 0.9-percent in 2020 due to electricity supply concerns.
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