to allocate a"significant portion" of the R230bn fiscal support the power utility will require over the next few years sooner rather than later. Further details on this would be revealed by Finance Minister Tito Mboweni., a new Eskom head is yet to be appointed.
Ramaphosa added that government was also working with Eskom to address its overall debt as well as the debt owed by municipalities and individuals.Ramaphosa said government would give priority to economic sectors that have the greatest potential for growth. These include clothing and textiles, gas, chemicals and plastics, renewables, and steel and metals fabrication sectors.
This process will include measures to promote competition, transformation and inclusive growth of the sector.
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