Electricity reform must be carefully managed: Ramokgopa
Some observers say liberalisation of the industry in countries like the United Kingdom and Australia
Electricity Minister Kgosientsho Ramokgopa has emphasized the importance of a cautious approach to South Africa's electricity reform. He expressed concern that some observers have cited the failure of industry liberalization in countries like the United Kingdom and Australia, which has led to high electricity prices. Ramokgopa made these remarks during a speech to SABC News, while attending the Kgalema Motlanthe Foundation forum in KwaZulu-Natal.
He noted that similar events are occurring in France and Germany, and that valuable lessons can be learned from these experiences. Ramokgopa stressed that the reform agenda must not result in unintended consequences, such as increased electricity costs for consumers.
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