简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
Abstract:JOHANNESBURG (Reuters) – South African President Cyril Ramaphosa will no longer attend the World Economic Forum (WEF) in Davos due to the ongoing energy crisis in the country, his spokesman said on Sunday.
South Africa's president to skip WEF to deal with crippling power cuts at home
JOHANNESBURG (Reuters) – South African President Cyril Ramaphosa will no longer attend the World Economic Forum (WEF) in Davos due to the ongoing energy crisis in the country, his spokesman said on Sunday.
Power cuts have worsened since Tuesday when struggling state utility Eskom said it would implement its worst-ever outages until further notice.
The power cuts are a major source of public frustration with the governing African National Congress (ANC) and a brake on economic growth in Africas most industrialised nation.
“Currently the President is convening a meeting with leaders of political parties represented in parliament, NECCOM (National Energy Crisis Committee) and the Eskom board,” Vincent Magwenya, presidential spokesman said.
He added that further briefing sessions with key stakeholders will take place during this coming week.
The beleaguered utility supplies the vast majority of South Africas electricity, relying mainly on an ageing fleet of coal-fired power stations that are unreliable and prone to faults.
(Reporting by Nqobile Dludla; Editing by Christina Fincher)
ETH Bulls Need to Avoid Sub-$1,500 to Target $1,700 on FTX SentimentCrypto Market Daily Highlights – BTC and DOGE Lead the Top TenSilver Weekly Price Forecast – Silver Markets Continue to Find Buyers on DipsUS Mortgage Rates Slide as Hawkish Fed Rate Hike Bets TumbleBTC Fear & Greed Index Exits the Fear Zone on BTC Return to $21,000BTC Fear & Greed Index Signals Another Breakout BTC SessionLoadingLoadingLoading
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.