To unlock investment, Ramaphosa promises to ‘remain seized’ with resolving power crisis

President Cyril Ramaphosa, who cut short his international engagements as South Africa once again descended into Stage 6 load-shedding, has acknowledged that priority has to be given to solving the electricity crisis if the country aims to attract the investment required to raise growth and tackle high levels of unemployment. Writing in his weekly newsletter following a meeting in Washington DC with US President Joe Biden, where it was agreed that a joint task force on trade and investment be established to increase business ties between the two countries, Ramaphosa said: “First and foremost, we have to overcome the electricity crisis”.