Finweek - English

Power crisis: Is the end in sight?

president Cyril Ramaphosa’s unexpected decision to lift the cap on private sector electricity generation has fuelled hope that an end to South Africa’s power crisis is in sight, and that further long-awaited reforms to spur the sluggish economy are imminent.

But even in the best case scenario, it will be another two years before enough new generation capacity is installed to cover the existing gap between supply and demand, allowing Eskom to end the rolling power cuts, which it has been forced to implement to protect the national

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