DEPUTY President Paul Mashatile is set to meet captains of industry amid an energy crisis that’s stifling economic growth and souring investor sentiment.
Mashatile will meet with the country’s top CEOs in a closed dinner hosted by the Johannesburg Stock Exchange on May 19, according to an invitation seen by Bloomberg.
Attendees will have an opportunity to put questions to Mashatile regarding the state of South Africa’s economy as well as, “the key deliverables of his portfolio, policy reforms and actions to build investor confidence,” the invite read.
Mashatile, 61, took over as deputy president in March after being elected in the same position at the ruling African National Congress’ (ANC’s) elective conference in December.
Investor confidence has waned as State-owned Eskom rations electricity for as long as 12 hours a day to prevent the grid from total collapse as it works to maintain an aging fleet of coal-fired plans prone to breakdowns.
Africa’s most developed economy has
You’ve reached your free article limit
Subscribe to enjoy unlimited access to trusted journalism. Cancel anytime.
Subscribe nowNeed help? molokom@insidepolitic.co.za
