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Mantashe's Eskom 2.0 idea 'preposterous' - Ghaleb Cachalia

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Energy Minister Gwede Mantashe's recent suggestion that South Africa should create a second power utility to foster competition in the electricity space is deemed "preposterous" by the DA's shadow minister of public enterprises, Ghaleb Cachalia. He told BizNews that the power utility's proposed tariff structure also penalises low-energy users, in particular, at a time when consumers are being asked to trim their usage. Cachalia has written to Eskom to enquire about changing the national standard governing who is exempt from loadshedding, after it emerged that government ministers living near the Union Buildings are spared from blackouts while hospitals are not. Learn more about your ad choices. Visit megaphone.fm/adchoices
20 Jul 2022 8AM English South Africa Investing · Business News

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