Focusing on Sona positives, with provisos : vimarsana.com

Focusing on Sona positives, with provisos


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Business is ready to support government in achieving progress, not promises.
By Busi Mavuso
15 Feb 2021 
11:53 
Image: Moneyweb
There were many things I liked in the State of the Nation (Sona) speech last week. President Cyril Ramaphosa’s four priorities of defeating Covid, driving an economic recovery, making reforms to improve inclusive growth and a rapid expansion of energy generating capacity were spot on.
I applaud his commitment to amending the Electricity Regulation Act (ERA) to allow anyone to generate electricity of over 1MW without a licence. There were also positive comments on Eskom restructuring, allowing municipalities to procure energy directly from independent power producers, and plans for 11 800MW of procurement. He also said that next month we will begin switching off analogue transmitters to open the way for spectrum to be reallocated for broadband, which will trigger investment in 5G and potentially lower data costs.

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