Davos 2023: South Africa plans to end load-shedding in 12-18 months -finmin

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Davos 2023: South Africa plans to end load-shedding in 12-18 months -finmin
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South Africa has a plan to improve energy provision that will end the need for any power cuts within the next 12-18 months, ITS Finance Minister Enoch Godongwana said on Monday.

"Eventually in the next 12-18 months we will be able to say load-shedding is a thing of the past. That is the target," Godongwana, told Reuters on the sidelines of the World Economic Forum in the Swiss resort of Davos.

However, asked whether state-owned power utility Eskom could expect to be allocated more cash for diesel to help reduce the level of power cuts, he said: "I don't think Eskom has a diesel problem, I think Eskom has got a management problem."last week by South Africa's energy regulator to approve an 18.65% power price rise for the financial year starting on April 1, he said: "I suspect it is going to give them sufficient resources to be able to deal with all of that stuff.

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