The ANC’s Energy Minister, Jeff Radebe, acknowledged that the national power provider does not have the capacity to meet the needs of larger industries.
The developers and investors first want to know if sustainable electric power can be provided, but Radebe first waited for the election to be over before he could admit the truth.
The Vryburger recently reported that several major businesses have decided to become self-sufficient regarding electricity and are going big to get rid of the unreliable national power supplier.
Radebe claims it will need R1 trillion to meet the needs of the larger institutions, and it is well known that the country is drowning in debt and will not get such a loan.
Read the original article in Afrikaans on Die Vryburger
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