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Two-Day Cabinet Legkotla Begins, Eskom Crisis Remains At Forefront

  • News24 reported that officials in the Presidency are pressuring ministers and departments to sign approvals and exemptions for Eskom in order to facilitate plans to add more generation capacity to the grid. On Tuesday, ANC Secretary General Fikile Mbaula said that declaring a national state of disaster and reprioritising the national budget is a "critical avenue" for ending the energy crisis by the end of the year. This comes as Eskom is running Stage 5 load-shedding until Friday morning. Rolling blackouts averaged out at Stage 4 in January, according to calculations by Business Insider, up from around Stage 2 last year.
  • South Africa's Department of Mineral Resources and Energy has increased the retail prices of gasoline by ZAR0.28/litre from today. The prices of fuel typically move with international oil prices and the ZAR exchange rate.
  • President Cyril Ramaphosa will convene an extended Cabinet strategy meeting (legkotla) today after ruling ANC party executives wrapped up a similar gathering earlier this week. Officials will discuss key issues ahead of the President's State of the Nation Address scheduled for February 9.

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