President Cyril Ramaphosa says there is no silver bullet to fix the crisis at Eskom.
JOHANNESBURG - President Cyril Ramaphosa says there is no silver bullet to fix the crisis at Eskom.
He says Eskom needs a host of measures to turn it around.
Responding to the State of the Nation Address debate on Thursday, the president said, "the country needs to aggressively put load-shedding behind us. We need to urgently build up the safety margins of the national grid. We need to agree on the roadmap to be an electricity secure country. There is no one solution. We need a host of measures to turn it around and we will turn it around.”
Ramaphosa also stated that the Eskom unbundling does not mean privatisation.
"We will try not to retrench staff. It’s a monolith and nobody has managed to run it properly in its current form."
He added that a special cabinet Committee on #Eskom led by Deputy President Mabuza and Public Ent Min Pravin Gordhan and State Security will provide the presidency with daily reports on stability of the grid. “