Carol Paton Editor at Large

The department of mineral resources and energy, which has had its budget slashed by 17% due to the Covid-19 crisis, says the cuts will significantly reduce the number of new households that can be electrified in this year.

The pandemic has forced the reprioritisation of spending towards health and welfare, and brought about sharp spending cuts due to plummeting government revenue. The adjustment budget tabled last month penciled in budget cuts of R230bn over the next two years.

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Times Select.

Already subscribed? Simply sign in below.

Questions or problems? Email or call 0860 52 52 00. Got a subscription voucher? Redeem it now