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SOUTH AFRICA ACCEPTS PRIVATE POWER GENERATION
South Africa settled to allow businesses to generate their own electricity. South Africa made the decision due to the growing disappointment business faced as a result of the constant power outages in the country. The outages has affected economic output and weakened investor confidence in one of Africa’s most industrialized economy. Power dependent companies such as mines built their own renewable energy plants to reduce their dependence on Eskom even without the necessary regulatory approvals….
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