President Cyril Ramaphosa says the government will announce further plans to address the challenges facing Eskom, stating that the state will not allow the power company to fail. At the weekend, Ramaphosa addressed business leaders in India, concluding his state visit to this country.
Last month, the president announced the creation of a task force to help stabilize the power shortage, whose infrastructure maintenance problems led to load shedding.
During the forum, business leaders in India expressed concern about the problems Eskom was facing, saying that it was risky for them to come to invest in the country. However, President Ramaphosa assured them that the government was preparing new plans to save Eskom.
“And what I can tell you is that we will come up with several schemes of proposals and solutions when we return home. We are going to start solving problems immediately. ”
He says that the energy utility will not fail. “Eskom is too big to fail; too big to let us see that he is failing, and therefore we will not allow him to fail. ”
Ramaphosa told business leaders that he is well aware that Eskom’s inability to supply uninterrupted electricity poses a threat to their business and, therefore, to the economy.