ICYMI I We are not privatising Eskom – Ramaphosa
As President Cyril Ramaphosa visited Eskom’s Medupi Power Station in Lephalale alongside Public Enterprises Minister Pravin Gordhan, he highlighted that the station stood to be the world’s fourth-largest coal-fired power station once completed.
There was still work to be completed on the power station in order to have all units fully functional, and Ramaphosa confirmed this would be completed next year. “It cost more than anticipated,” but the country had built a landmark achievement, he said. Addressing the more than 4,000-strong Eskom workforce, he said government would not allow Eskom to be privatised.“We owe a lot of money but we will continue to support Eskom for it to prevail. It’s going to continue being owned by government.”“We’ve got to stay ahead while operating at the same level as others. We are not going to let Eskom go down. Eskom is too important to the life of our country.
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