The National Council of Provinces’ (NCOP’s) recent approval of the Electricity Regulation Amendment (ERA) Bill has far-reaching implications for the future structure and operation of an industry that has been dominated by Eskom for more than a century. Unlike the controversial National Health Insurance Bill, which President Cyril Ramaphosa signed on May 15, the ERA has the backing of business, which called for its urgent passage as part of reforms that it viewed to be necessary to end loadshedding and place the sector on a more sustainable footing.
Fight looming over new law that ends Eskom's monopoly biznews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from biznews.com Daily Mail and Mail on Sunday newspapers.
The SA Local Government Association says that the Electricity Regulation Amendment Bill in unconstitutional because it takes away the authority for municipalities to trade and distribute electricity.
South Africa: National Council of Provinces Passes the Electricity Regulation Amendment Bill and Other Pieces of Legislation allafrica.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from allafrica.com Daily Mail and Mail on Sunday newspapers.