South Africa: Cyril Ramaphosa pledges to put an end to load shedding and promises massive investment to boost the economy

South African President Cyril Ramaphosa announced over the past weekend significant investments in vocational training to revitalize the national economy. This announcement was made during the latest gathering of the ANC ahead of the crucial elections scheduled for May 29.

Faced with unprecedented pressure to maintain its parliamentary majority, the African National Congress (ANC) is emphasizing skills development as an economic driver.

«We will also invest heavily, billions, in training people to acquire skills that can be best utilized in our economy. Our goal is to create quality jobs, and to achieve this, we want to build local industries. We aim for more and more products to be manufactured here in South Africa», said Cyril Ramaphosa.

In addition to economic initiatives, the ANC President addressed the country’s energy crisis.

Ramaphosa assured that concrete measures are being taken to end frequent power outages: «We will also end load shedding. We will complete the work, meaning the excellent work already done to tackle our electricity crisis».

Despite these promises, several polls indicate a decline in support for the ANC, with projections showing support below 50%.

However, it must be said that President Cyril Ramaphosa’s announcements propose an ambitious strategy to revitalize the South African economy and address the country’s energy challenges.

 

Posts Grid

Football/ Manchester City set for major squad overhaul this summer

Manchester City is gearing up for a significant shakeup ahead of the 2024-2025 season, with several key players potentially leaving the club. According to reports...

La Liga: Barcelona stun Atletico with late drama to claim top Spot in La Liga

In a stunning late turnaround, Barcelona snatched a dramatic 4-2 victory over Atletico Madrid, propelling them to the top of La Liga. Trailing 2-0 with...

Neymar’s Injury forces withdrawal from Brazil’s World Cup Qualifiers

Neymar’s hopes of returning to the Brazilian national team have been dashed after a recurring injury forced him to withdraw from the 2026 World Cup...

Football/ Champions League quarterfinals take shape after thrilling second legs

The UEFA Champions League 2024/2025 round of 16 delivered high-stakes drama as four teams secured their spots in the quarterfinals. FC Barcelona continued their dominant...

Manchester United unveils plans for a futuristic 100,000-seat stadium

Manchester United is set to bid farewell to its iconic Old Trafford home, announcing plans for a state-of-the-art 100,000-seat stadium. The new arena, to be...

Sudan’s National team coach James Kwesi Appiah resolves pay dispute, set to rejoin squad

Sudan’s national team coach, James Kwesi Appiah, recently made headlines after boycotting the Falcons of Jediane’s training camp in Saudi Arabia. The Ghanaian coach refused...

Leave a Reply

Your email address will not be published. Required fields are marked *