Radebe will hold a briefing on Independent Power Producers, this might be why


- fin24.com | 7 months ago

Gordhan has said that SA needs to be mindful that the electricity systems across the world are shifting from fossil fuels such as coal to renewables.

Some unions have taken issue with this as they believe the transition would lead to mass job losses in the coal sector. The Economic Freedom Fighters (EFF) have also warned that the introduction of IPPs is the beginning of privatisation in the energy sector.

This is despite President Cyril Ramaphosa clarifying before the National Assembly that the unbundling is not privatisation and that the three entities will remain state-owned.

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