The Ministries of Mineral Resources and Energy, Public Enterprises and Trade Industry last week met with coal producers and various representatives of the Independent Power Producers, over two days respectively.
The South African Government recognizes that reviving the economy and placing it on an upward trajectory is critical. In this regard, various factors that can contribute to economic growth would need to be resolved.
The meetings form part of government’s ongoing engagements with stakeholders to discuss the state of the economy and the role of electricity in contributing to economic growth in key sectors such as mining, manufacturing and energy. Government welcomes inputs and commitments made by the various stakeholders in these discussions, which considered security and reliability of electricity supply, the sustainability of the sectors and that of the economy.
The role players, have committed to engage further and create working mechanisms to take these discussions forward in a positive and collaborative manner. Sustained economic growth will go a long way in addressing the challenges faced by key sectors of the economy and the people of South Africa.
Author: GBA News Desk