Close Menu
  • Homepage
  • News
  • Cloud & AI
  • ECommerce
  • Entertainment
  • Finance
  • Opinion
  • Podcast
  • Contact

Subscribe to Updates

Get the latest technology news from TechFinancials News about FinTech, Tech, Business, Telecoms and Connected Life.

What's Hot

Digitap ($TAP) Crushes NexChain with Real Banking Utility: Best Crypto to Buy in 2026

2026-02-07

Football Fans Can Share Their ‘Super Bowl Spread’  With The Chance To Win an NFL Jersey

2026-02-07

Why Traditional Banks Need Mobile Money Solutions to Survive the Next 5 Years

2026-02-07
Facebook X (Twitter) Instagram
Trending
  • Digitap ($TAP) Crushes NexChain with Real Banking Utility: Best Crypto to Buy in 2026
Facebook X (Twitter) Instagram YouTube LinkedIn WhatsApp RSS
TechFinancials
  • Homepage
  • News
  • Cloud & AI
  • ECommerce
  • Entertainment
  • Finance
  • Opinion
  • Podcast
  • Contact
TechFinancials
Home»Boardroom Games»President Ramaphosa Sets Out Powers For Electricity Minister
Boardroom Games

President Ramaphosa Sets Out Powers For Electricity Minister

AgencyBy Agency2023-05-26No Comments3 Mins Read
Share Facebook Twitter Pinterest LinkedIn Tumblr Email
Dr Kgosientsho Ramokgopa
Dr Kgosientsho Ramokgopa
Share
Facebook Twitter LinkedIn Pinterest Email Copy Link

President Cyril Ramaphosa has signed a proclamation to transfer roles and responsibilities to the Minister in the Presidency for Electricity, Dr Kgosientsho Ramokgopa.

A statement released by the Presidency said some powers have been shifted from the Minister of Mineral Resources and Energy, Gwede Mantashe.

“After due consideration, President Ramaphosa has transferred to the Minister of Electricity all powers and functions contained in Section 34(1) of the Electricity Regulation Act, which were previously entrusted to the Minister of Mineral Resources and Energy. The President has also transferred to the Minister of Electricity relevant powers and functions set out in Section 34(2) of the Electricity Regulation Act.

“This proclamation will provide the Minister of Electricity with the powers necessary to direct the procurement of new generation capacity and ensure security of supply. Other powers and functions contained in the Electricity Regulation Act – including those related to the implementation of determinations made in terms of section 34 –will remain with the Minister of Mineral Resources and Energy,” the Presidency said.

The statement explained that President Ramaphosa’s “delineation of powers and functions is directed at ensuring effective coordination and dedicated focus to deal more effectively and urgently with the electricity crisis”.

“The Minister of Electricity will, as the President indicated in the State of the Nation Address, oversee all aspects of the electricity crisis response, including the work of the National Energy Crisis Committee. This will provide a single point of command for government’s efforts to close the shortfall in electricity supply.

“The Minister will work full-time with the Eskom board and management to end load shedding and ensure that the Energy Action Plan announced by the President is implemented without delay,” the statement read.

Section 34 of the provides as follows:

“(1) The Minister may, in consultation with the Regulator –

(a) determine that new generation capacity is needed to ensure the continued uninterrupted supply of electricity;

(b) determine the types of energy sources from which electricity must be generated, and the percentages of electricity that must be generated from such sources;

(c) determine that electricity thus produced may only be sold to the persons or in the manner set out in such notice;

(d) determine that electricity thus produced must be purchased by the persons set out in such notice;

(e) require that new generation capacity must –

(i) be established through a tendering procedure which is fair, equitable, transparent, competitive and cost-effective;

(ii) provide for private sector participation.

– SAnews.gov.za

Dr Kgosientsho Ramokgopa electricity minister
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Agency

Related Posts

Vodacom Reports Robust Q3 Growth, Driven By Diversification And Strategic Moves

2026-02-04

South Africa’s First Institutional Rand Stablecoin, ZARU, Launches

2026-02-03

The EX60 Cross Country: Built For The “Go Anywhere” Attitude

2026-01-23

Mettus Launches Splendi App To Help Young South Africans Manage Their Credit Health

2026-01-22

Over R270M In Phuthuma Nathi Dividends Remain Unclaimed

2025-11-27

Africa’s Next Voice Revolution, When 5G Meets AI

2025-11-21

Super Money SA Launches South Africa’s First Bank-Backed Rand Stablecoin

2025-11-13

Vodacom Teams Up With Starlink To Transform Africa’s Connectivity

2025-11-12

SARB Takes 50% Stake in PayInc, Reshaping SA’s Payments

2025-11-11
Leave A Reply Cancel Reply

DON'T MISS
Breaking News

Digitap ($TAP) Crushes NexChain with Real Banking Utility: Best Crypto to Buy in 2026

The crypto presale market in 2026 has seen dozens of projects compete for investor attention.…

Dutch Entrepreneurial Development Bank FMO Invests R340M In Lula To Expand SME funding In SA

2026-02-03

Paarl Mall Gets R270M Mega Upgrade

2026-02-02

Huawei Says The Next Wave Of Infrastructure Investment Must Include People, Not Only Platforms

2026-01-21
Stay In Touch
  • Facebook
  • Twitter
  • YouTube
  • LinkedIn
OUR PICKS

Vodacom Reports Robust Q3 Growth, Driven By Diversification And Strategic Moves

2026-02-04

South Africa’s First Institutional Rand Stablecoin, ZARU, Launches

2026-02-03

The EX60 Cross Country: Built For The “Go Anywhere” Attitude

2026-01-23

Mettus Launches Splendi App To Help Young South Africans Manage Their Credit Health

2026-01-22

Subscribe to Updates

Get the latest tech news from TechFinancials about telecoms, fintech and connected life.

About Us

TechFinancials delivers in-depth analysis of tech, digital revolution, fintech, e-commerce, digital banking and breaking tech news.

Facebook X (Twitter) Instagram YouTube LinkedIn WhatsApp Reddit RSS
Our Picks

Digitap ($TAP) Crushes NexChain with Real Banking Utility: Best Crypto to Buy in 2026

2026-02-07

Football Fans Can Share Their ‘Super Bowl Spread’  With The Chance To Win an NFL Jersey

2026-02-07

Why Traditional Banks Need Mobile Money Solutions to Survive the Next 5 Years

2026-02-07
Recent Posts
  • Digitap ($TAP) Crushes NexChain with Real Banking Utility: Best Crypto to Buy in 2026
  • Football Fans Can Share Their ‘Super Bowl Spread’  With The Chance To Win an NFL Jersey
  • Why Traditional Banks Need Mobile Money Solutions to Survive the Next 5 Years
  • Spotify Brings Audiobooks to South Africa
  • Anjouan Corporate Services Reshapes Cross-Border Brokerage Licensing Strategy for UAE-Focused Firms
TechFinancials
RSS Facebook X (Twitter) LinkedIn YouTube WhatsApp
  • Homepage
  • Newsletter
  • Contact
  • Advertise
  • Privacy Policy
  • About
© 2026 TechFinancials. Designed by TFS Media. TechFinancials brings you trusted, around-the-clock news on African tech, crypto, and finance. Our goal is to keep you informed in this fast-moving digital world. Now, the serious part (please read this): Trading is Risky: Buying and selling things like cryptocurrencies and CFDs is very risky. Because of leverage, you can lose your money much faster than you might expect. We Are Not Advisors: We are a news website. We do not provide investment, legal, or financial advice. Our content is for information and education only. Do Your Own Research: Never rely on a single source. Always conduct your own research before making any financial decision. A link to another company is not our stamp of approval. You Are Responsible: Your investments are your own. You could lose some or all of your money. Past performance does not predict future results. In short: We report the news. You make the decisions, and you take the risks. Please be careful.

Type above and press Enter to search. Press Esc to cancel.

Ad Blocker Enabled!
Ad Blocker Enabled!
Our website is made possible by displaying online advertisements to our visitors. Please support us by disabling your Ad Blocker.