R390bn in electricity investment ‘tangible evidence’ of benefits of reforms

The first phase of Operation Vulindlela, which was set up jointly by the Presidency and the National Treasury to oversee structural economic reforms, unlocked R390-billion worth of investment in the electricity sector. The investment figure is included in the Medium-Term Budget Policy Statement released on Wednesday by Finance Minister Enoch Godongwana, who indicated the second phase would seek to build on previous efforts.