South Africa: President Cyril Ramaphosa On Amendment to Schedule Two of the Electricity Regulation Act

Good afternoon,

We are holding this briefing today in a time of great hope and great difficulty.

Difficulty, because we are in the midst of the worst economic crisis in our country’s recent history, which has seen a dramatic increase in unemployment and hunger and a significant decline in economic growth.

Hope, because we are already starting to see the results of our efforts to recover and to rebuild.

In the GDP figures released by Statistics South Africa this week, in the encouraging signs of a…


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