SOUTH AFRICA: PRESIDENT CLAIMS LABOUR SUPPORTS PLAN TO BAIL OUT ELECTRICITY SECTOR

   Wed, 19 February 2020

President Ramaphosa claims he has cemented a ‘social compact’ between business, government, and labour leaders to rescue the electricity sector that includes leveraging public sector pension funds to bail out state power utility Eskom. Yet the politically embattled president may lack the political capital to push through his reform plans.

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