A new report into the progress government is making in implementing the current five-year Medium-Term Strategic Framework, from 2019 to 2024, has confirmed that energy unavailability represents the single biggest risk to doing business in South Africa, by undermining investor confidence and constraining industrialisation. It also concludes that government should commit to “solid timeframes” for the review of the Integrated Resource Plan of 2019 (IRP2019) so that electricity demand projections and generating scenarios are more aligned to prevailing circumstances, which have changed materially since the publication of the IRP2019.
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