South Africa's Power Crisis 'Might Likely Get Dire': Minister
South Africa's power crisis "might likely get dire before it gets better," according to newly appointed electricity minister Kgosientsho Ramokgopa. "We have to be deliberate about our interventions, be very transparent to business and to the general public about the work that we're doing," Ramokgopa said in an interview with Bloomberg's Jennifer Zabasajja. Amid record outages, the government has given assurances that the electricity grid won't be allowed to collapse. Yet increasing numbers of businesses are preparing for that very eventuality. Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: http://www.bloomberg.com Connect with us on... Twitter: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness/ Instagram: https://www.instagram.com/quicktake/?hl=en
UP NEXT
UP NEXT
-
Debt-Limit Deal Passes House, Goes to Senate
Bloomberg
-
Rep. Marc Molinaro Speaks Ahead of US Debt Deal Vote
Bloomberg
-
Bill is a Nothingburger: Rep. Jim Himes
Bloomberg
-
Biden Got Nothing Out of Bill: Rep. French Hill
Bloomberg
-
Debt Bill Passes Procedural Hurdle
Bloomberg
-
Biden: 'God Willing,' House Passes Debt Bill Wednesday
Bloomberg
-
Big Win for the American People: Flesichmann on Debt Deal
Bloomberg
-
Rohit Kumar on Structure of Debt Deal
Bloomberg
-
Votes Will Be There for Debt Limit Deal: Jeffries
Bloomberg
-
House Democratic Leader Jeffries on Debt Ceiling, Vote
Bloomberg
-
China Intercepts US Aircraft Over South China Sea
Bloomberg
-
Musk Says It's Important to Maintain Ties With China
Bloomberg
-
China Turns Down US Request for Defense Chiefs to Meet
Bloomberg
-
Biden, McCarthy Work Lawmakers to Pass Debt Deal
Bloomberg
-
Biden Urges Both Chambers to Pass Debt Agreement
Bloomberg
-
Erdogan Seals Election Victory in Turkey to Defy Naysayers
Bloomberg