Trade, Industry and Competition Minister Ebrahim Patel has launched the Energy One-Stop Shop (EOSS), as well as the Energy Resilience Fund (ERF), as part of efforts to streamline the process of renewable energy project development and to enable more investment. The EOSS is aimed at fast-tracking energy projects, in line with government’s broader effort over the last few years to increase the supply of energy available to the grid.
CEOs from over 115 leading corporations operating in South Africa and which collectively employ 1.2-million people and have a combined market value R11-trillion, have formally pledged to help the country overcome the problems currently undermine inclusive economic growth. The companies operate across all sectors of the South African economy, which is currently characterised by low economic growth, collapsing infrastructure, rampant crime and corruption, and extremely levels of inequality and unemployment.
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