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Electricity minister says load-shedding an existential problem requiring urgent intervention

# Electricity minister Kgosientsho Ramokgopa says load-shedding is an existential problem, both in economic and social terms, which requires urgent intervention. He appeared before Parliament’s portfolio committee on Public Enterprises yesterday. He says the country’s economy could be losing up to one-billion-rand a day, depending on the intensity of load-shedding, and up to 800-thousand jobs have been lost this year alone. Ramokgopa says the priority is to fix Eskom, improve the availability of existing supply, and enable private investment in new generation capacity.