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This follows years of corruption scandals and attempts by Zuma to evade prosecution on multiple criminal charges that are too complex to go into here. But there were charges in all — corruption, money laundering, racketeering and fraud — relating to buying military armaments for the state in the s.
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The report Betrayal of the Promise lays much of it bare. Ramaphosa was at the World Economic Forum in Davos, Switzerland, in January, where he pushed the idea of a country set to claw its way back from the damage caused by a deeply corrupt presidency. As it is, a new report by infrastructure and regulations expert and economist, Dr Grove Steyn and colleagues shows that with a sudden slowing in energy demand in the country, a large chunk of the new Medupi and Kusile coal power stations, which are currently under construction, will become redundant in the near future.
One of the only ways of getting the near-insolvent state utility back in the black, is to scrap parts of one, or both, of these two massive power stations. Another breakthrough happened in the past month.
South African power – diversifying and securing supply risk
The bottleneck in red tape that has been holding back construction on the new renewable power plants around the country, under the widely acclaimed REIPPP programme Renewable Energy Independent Power Producer Procurement , finally got unblocked. Read about the corruption underlying these delays here. Public enterprises minister Lynne Brown has just given Eskom the go-ahead to buy electricity from the last few private power producers in the REIPPP programme, meaning the firms can sign off the financial deals and start building the plants.
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Minister Jeff Radebe: South Africa Renewable Energy and Energy Storage Systems Conference
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The Energy Landscape in the Republic of South Africa - hojirivu.tk
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