Mining industry urges government to act rapidly
Eskom has to bring independent power generation into energy mix, minerals council CEO Roger Baxter says
03 February 2020 - 10:00
SA’s economy is on a cliff edge, Eskom is “in the dwang” and urgent action is needed to avert a crisis, the mining industry says.
The mining sector, with the rest of the formal economy, are in a crisis due to Eskom, the debt-laden state-owned electricity monopoly, and confidence is at “unprecedented lows”, Minerals Council SA president Mxolisi Mgojo said at the start of the Investing in African Mining Indaba in Cape Town on Monday...
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