Load Shedding had millions of citizens and businesses in a frenzy over the last few months when Eskom implemented up to stage 4 load shedding, but it seems that nothing higher than stage 1 will be implemented this winter.
“Stage 4 load shedding implemented by power utility Eskom last month was bad for South Africa's economy and livelihoods, and should not happen again,” said President Cyril Ramaphosa.
Ramaphosa made his remarks during a dialogue with community members in Sandton on Thursday 4 April. Ramaphosa said Eskom is the country's current ''headache.''
''Each morning when I wake up I get information from Eskom and Minister Pravin Gordhan updating on the state of the power gird - he receives the information and beams it to me and each time I see green and a bit of surplus I breathe easy. Eskom holds our livelihoods in its hands. We need to restructure Eskom but the big challenge is finance. Eskom is our only state company that has racked up R300 billion in debt - that is too much,” the President added.
Gordhan said government now has a better understanding of the challenges plaguing Eskom. He said a plan was being implemented up to September to reduce power plant breakdowns and to stop, or minimise, rotational load-shedding to at least Stage 1 as demand for power intensified during the winter season.
Eskom confirmed the news and agreed to the terms the minister has set out.