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Zuma declares end of load shedding, says SA Airways not for sale

South Africa

<h3>The South African government has announced that it will provide support to a range of state-owned companies while also implementing the reforms that would make them more effective in delivering their mandates.</h3> <p>While visiting the state-run power company Eskom, President Jacob Zuma declared an end to power failures and blackouts in the country.</p> <p>The president assured South Africans of close cooperation between the government, public companies and parastatals in the country.</p> <p>Eskom which now covers 76% of the country’s power needs, has averted major power outages and load shedding for nine consecutive months.</p> <blockquote class="twitter-tweet" data-lang="en"><p lang="en" dir="ltr">“Today I was assured by Eskom Management – there's a plan inplace, to ensure <a href="https://twitter.com/hashtag/Eskom?src=hash">#Eskom</a> does not load shed again.” <a href="https://twitter.com/hashtag/Zuma?src=hash">#Zuma</a> <a href="https://t.co/r4AxrsjxrO">pic.twitter.com/r4AxrsjxrO</a></p>— Eskom Hld <span class="caps">SOC</span> Ltd (@Eskom_SA) <a href="https://twitter.com/Eskom_SA/status/728539905295589376">May 6, 2016</a></blockquote> <script async src="//platform.twitter.com/widgets.js" charset="utf-8"></script> <p>Eskom’s plant availability has improved from 69.9% in October last year to 76.3% at the end of April this year. The utility company’s boss Khulu Phasiwe assured that it will keep the lights on for good, <a href="http://url http://www.politicsweb.co.za/politics/zuma-pleased-with-performance-at-eskom--the-presid" target="_blank">“sources report.”</a> </p> <p>Zuma also said that his government would never sell the national airline, South African Airways. The airline has received a number of government bailouts worth billions of rands and is in the middle of a turnaround strategy.</p> <p>The airline has also been unable to table its financial statements for the year 2014-15 in Parliament, which were due August 2015. </p> <p>Zuma did not however disclose the amount that would be allocated to support these projects.</p>
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