• BUSINESS
    • FINANCE
    • LEGAL
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • HEALTHCARE & PHARMACEUTICALS
    • MEDIA & TELECOM
    • AEROSPACE AND DEFENSE
    • ENERGY
  • MARKETS
    • EUROPEAN MARKETS
    • ASIAN MARKETS
    • U.S. MARKETS
    • COMMODITIES
    • EMERGING MARKETS
    • DEALS
    • RATES & BONDS
  • WORLD
    • UNITED STATES
    • EUROPE
    • UNITED KINGDOM
    • ASIA PACIFIC
    • MIDDLE EAST
    • AFRICA
    • CHINA
    • INDIA
    • JAPAN
    • AMERICAS
    • FRANCE
    • GERMANY
  • POLITICS
    • GOVERNMENT
    • UNITED STATES
    • US SUPREME COURT
  • TECH
    • ARTIFICIAL INTELLIGENCE
    • CYBERSECURITY
    • SPACE
    • DISRUPTED
  • COMMENTARY
  • BREAKINGVIEWS
    • BREAKINGVIEWS PREDICTIONS
  • MONEY
    • WEALTH
    • FUNDS
    • ETFS
  • LIFE
    • LIFESTYLE
    • SPORTS
    • SCIENCE
  • SECTORS
    • ENERGY
    • HEALTHCARE
    • MEDIA & TELECOM
    • SUSTAINABILITY
    • ENVIRONMENT
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • AEROSPACE AND DEFENSE
FinanceTime
  • August 21st, 2026

FinanceTimeFinancetime

  • BUSINESS
    • FINANCE
    • LEGAL
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • HEALTHCARE & PHARMACEUTICALS
    • MEDIA & TELECOM
    • AEROSPACE AND DEFENSE
    • ENERGY
  • MARKETS
    • EUROPEAN MARKETS
    • ASIAN MARKETS
    • U.S. MARKETS
    • COMMODITIES
    • EMERGING MARKETS
    • DEALS
    • RATES & BONDS
  • WORLD
    • UNITED STATES
    • EUROPE
    • UNITED KINGDOM
    • ASIA PACIFIC
    • MIDDLE EAST
    • AFRICA
    • CHINA
    • INDIA
    • JAPAN
    • AMERICAS
    • FRANCE
    • GERMANY
  • POLITICS
    • GOVERNMENT
    • UNITED STATES
    • US SUPREME COURT
  • TECH
    • ARTIFICIAL INTELLIGENCE
    • CYBERSECURITY
    • SPACE
    • DISRUPTED
  • COMMENTARY
  • BREAKINGVIEWS
    • BREAKINGVIEWS PREDICTIONS
  • MONEY
    • WEALTH
    • FUNDS
    • ETFS
  • LIFE
    • LIFESTYLE
    • SPORTS
    • SCIENCE
  • SECTORS
    • ENERGY
    • HEALTHCARE
    • MEDIA & TELECOM
    • SUSTAINABILITY
    • ENVIRONMENT
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • AEROSPACE AND DEFENSE
A local walks past electricity pylons during frequent power outages from South African utility Eskom, caused by its aging coal-fired plants, in Orlando, Soweto, South Africa, September 28, 2022. REUTERS/Siphiwe Sibeko
A local walks past electricity pylons during frequent power outages from South African utility Eskom, caused by its aging coal-fired plants, in Orlando, Soweto, South Africa, September 28, 2022. REUTERS/Siphiwe Sibeko
Minister of Mineral Resources and Energy Gwede Mantashe and Minister of Electricity Kgosientsho Ramokgopa interact, ahead of the South African President Cyril Ramaphosa's questions session in parliament, in Cape Town, South Africa, May 11, 2023. REUTERS/Esa Alexander
Minister of Mineral Resources and Energy Gwede Mantashe and Minister of Electricity Kgosientsho Ramokgopa interact, ahead of the South African President Cyril Ramaphosa's questions session in parliament, in Cape Town, South Africa, May 11, 2023. REUTERS/Esa Alexander
South African President Cyril Ramaphosa and Minister of Electricity Kgosientsho Ramokgopa react, ahead of the President's questions session in parliament, in Cape Town, South Africa, May 11, 2023. REUTERS/Esa Alexander
South African President Cyril Ramaphosa and Minister of Electricity Kgosientsho Ramokgopa react, ahead of the President's questions session in parliament, in Cape Town, South Africa, May 11, 2023. REUTERS/Esa Alexander
Home
World
Africa

South Africa's Ramaphosa denies government failed over power crisis

May 11th, 2023 | 14:15 PM WORLD Africa 1

Facebook Twitter Google+ LinkedIn Pinterest

Worth reading...

Tunisia opposition protests against president amid economic discontent
Cameroon president returns home after 10-week absence
Central African Republic closes informal gold mine after collapse kills at least 49
At least 50 killed, mostly children, as overloaded boat capsizes in Nigeria
By Reuters

South African President Cyril Ramaphosa denied on Thursday that his government had failed over crippling power cuts, saying already-announced interventions would reduce pressure on the grid.

Africa's most industrialised economy is experiencing the worst electricity outages on record, meaning many households and businesses are without power for more than 10 hours a day, as state power utility Eskom's ailing fleet of coal power stations repeatedly breaks down.

Experts expect the outages could get worse as South African gets deeper into the southern hemisphere winter, despite repeated pledges by Ramaphosa's government to increase energy availability by fixing faulty coal stations and procuring new generation capacity.

"We are not sleeping on the job," Ramaphosa told a question-and-answer session with lawmakers.

He expressed a preference for South Africa bringing in emergency energy, citing the example of other countries that had brought in power ships.

South Africa's rand currency and bonds have been under heavy selling pressure in recent days as investor sentiment has soured badly over the power crisis.

  • Topic
  • SAFRICA
  • ESKOM/ (UPDATE 2, PIX)
Facebook Twitter Google+ LinkedIn Pinterest
Previous article Tunisia opposition protests against president amid economic discontent

Related Posts

Africa
August 20th, 2026

Tunisia opposition protests against president amid economic discontent

Africa
August 20th, 2026

Cameroon president returns home after 10-week absence

Africa
August 20th, 2026

Central African Republic closes informal gold mine after collapse kills ...

Africa
August 20th, 2026

At least 50 killed, mostly children, as overloaded boat capsizes in Nige...

Africa
August 20th, 2026

Egypt's central bank holds key interest rates unchanged

Africa
August 20th, 2026

Lufthansa's Discover Airline says jet fuel shortage affects flights from...

The Wire
Aug 21st 6 h ago
Science

China hunts for lunar ice in one of solar system's coldest ...

Aug 20th 7 h ago
Asia Pacific

Japan July core CPI rises 1.8% yr/yr

Aug 20th 7 h ago
Government

DOJ seeks to question FBI officials tied to search of Trump...

Aug 20th 7 h ago
Sports

Cowboys, Saints each fined $500K for brawling at joint prac...

Aug 20th 7 h ago
Asia Pacific

Japan's core inflation accelerates in July, bolsters case f...

TRENDING ON FINANCETIME
Aug 20th, 2026 United Kingdom

UK consumer confidence jumps to two-year high, GfK says

Aug 20th, 2026 India

Focus: AI reshapes India's IT services sector contracts as clients demand more for less

Aug 20th, 2026 China

China, Indonesia ministers meet on Friday, to discuss security and economic issues

Aug 20th, 2026 Government

Ex-Google engineer's conviction for stealing AI secrets partially overturned    

Aug 20th, 2026 Sports

NFL committees recommend approval of $9.6B Seahawks sale

Markets-Sectors
TECHNOLOGY -0.29%

  • BUSINESS
  • MARKETS
  • WORLD
  • POLITICS
  • TECH
  • COMMENTARY
  • BREAKINGVIEWS
  • MONEY
  • LIFE
  • SECTORS
  • Back to top
FinanceTime
FinanceTime

World Business & Financial News, Breaking US & International News

Additional Services
  • Privacy-Policy
  • Terms and Conditions
© Financetime.org 2026. All rights reserved. Hosted by LeadsDeposit.com
Produced by C-iT