President Cyril Ramaphosa says the ANC will speed up the process of transforming Eskom into an effective and reliable energy supplier that can “operate in an open, competitive energy sector”.
Ramaphosa delivered his third January 8 statement on Saturday in Kimberley in the Northern Cape in the first big political event for the year for the governing party which sets its policy line for the year. The lead-up to the event which is held to commemorate the ANC’s founding in 1912, was overshadowed this week by the SA’s ailing power utility which is the biggest risk to the country’s economy.
Ramaphosa said the government would step up among others its investment drive, launch a massive infrastructure build programme, reduce the cost of doing business and see to the creation of jobs, in an attempt to achieve a far greater pace of economic growth.He said they would unlock the potential of small business, cooperatives and the township economy, as well as revamp and re-open industrial parks to enhance job creation.
“For all these efforts to succeed, we must ensure the stability of electricity supply,” Ramaphosa said.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
ANC January 8 statement so far overshadowed by EskomThe ANC's annual January 8 statement is the first big political event of the year for the governing party
Read more »
Cosatu uses ANC January 8 rally to call for dissolution of Eskom board | IOL NewsCosatu's call for the dissolution of the Eskom board comes a day after Eskom board chairperson Jabu Mabuza quit after being ...
Read more »
Eskom rift: The ANC remains united, says Paul Mashatile | IOL NewsDeputy President David Mabuza’s comments on Minister Pravin Gordhan and Eskom have nothing to do with factions in the party, says ANC.
Read more »
All eyes on Ramaphosa to show leadership as ANC gathers to celebrate 108th birthday | IOL NewsFor President Cyril Ramaphosa, facing the crowd would be a challenge he would like to quickly overcome as he faces a nation battered by load-shedding.
Read more »
ANC will still be here for another 108 years – RamaphosaNews | What is left for us is to take this organisation forward. What is left is to take it forward and build it. The ANC must be a leader of society – President Cyril Ramaphosa
Read more »