Charles Molele
PRESIDENCY has welcomed the launch of the Resource Mobilisation Fund meant to support the implementation of the Energy Action Plan announced by President Cyril Ramaphosa in July 2022.
The fund, collaborative effort between government and Business Unity South Africa (BUSA) to resolve the energy crisis, has already raised R100 million from businesses and philanthropies.
It is expected to be used to provide technical support and capacity to the National Energy Crisis Committee.
The launch of the fund follows a meeting on Thursday between Minister of Electricity Kgosientsho Ramokgopa and the leadership of BUSA.
“The fund will provide crucial expertise and resources to turbocharge the work of NECOM and ensure that we put the best minds in our country and indeed across the world to work to end load shedding. Support will be provided through an independent procurement process to source the required expertise in response to specific requests
You’ve reached your free article limit
Subscribe to enjoy unlimited access to trusted journalism. Cancel anytime.
Subscribe nowNeed help? molokom@insidepolitic.co.za
