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President meets Eskom board
The meeting, where the board presented a report on the implementation of the nine-point plan, was attended by the ministers of finance, mineral resources and energy and public enterprises.
“The plan is focusing on its key priorities being the need to ensure uninterrupted power supply, cutting costs, driving efficiencies and increasing revenue through, amongst others, higher collection rates," a statement from the Presidency said.
Ramaphosa used the meeting to reiterate to the board that the energy utility, Africa’s largest producer of electricity and one of the nation's most strategic assets, is critical to South Africa’s growth and development.
The Presidency said he will announce further measures to support Eskom’s efforts at recovery and financial and operational sustainability.
Source: SAnews.gov.za
SAnews.gov.za is a South African government news service, published by the Government Communication and Information System (GCIS). SAnews.gov.za (formerly BuaNews) was established to provide quick and easy access to articles and feature stories aimed at keeping the public informed about the implementation of government mandates.
Go to: http://www.sanews.gov.za