Ramaphosa assures competitive overhaul will curb skyrocketing electricity costs

Polity Audio Articles · Aug 31, 2026 · 3m

Ramaphosa assures competitive overhaul will curb skyrocketing electricity costs President Cyril Ramaphosa on Monday vowed to tackle the country's soaring electricity tariffs, acknowledging that the rising cost of power is inflicting severe financial hardship on families and crippling business competitiveness. Writing in his weekly newsletter to the nation, the President declared that South Africa must move away from its century-old reliance on a single utility provider if it hopes to secure an affordable, reliable and sustainable energy future. Over the past two decades, South African…