'I believe in that plan': Mabuza endorses Eskom reforms as load shedding strikes


- fin24.com | 6 months ago

Deputy President David Mabuza told Parliament on Thursday afternoon that he was in support of the proposed reforms to Eskom, saying stabilising the entity and curbing load shedding was the most important thing government could do to avoid a downgrade in the country’s credit rating.

Mabuza was replying to questions from Members of Parliament in the National Assembly. The original question came from Democratic Alliance chief whip John Steenhuisen, who asked what measures government planned to take to avoid future ratings downgrades.

Subscribe to Fin24’s newsletter here Mabuza told MPs that government was already acting to secure the confidence of ratings agencies and, by extension, investors.

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