While the private sector is being brought in to solve electricity and water crises, it is being driven out of the healthcare sector. Yet, our ability to attract global skills depends on having access to quality medical services for their families, and our ambitions of becoming a regional hub for business across the continent are now seriously threatened, says Busi Mavuso.
At the same time as the private sector is being brought in to solve the electricity and water crises, it is being forced out of the medical sector.
Last week saw major strides forward in the legislative and policy environment, and a major stride backwards. Amendments to the Electricity Regulation Act were passed by the National Council of Provinces, meaning it awaits now only the president's signature. This legislation consolidates the major reform effort that has been made in the electricity sector. It will result in the unbundling of the grid operator from Eskom and the establishment of an open market for electricity, radically transforming how electricity is generated and sold. Producers will compete to sell electricity into the grid, potentially reducing the cost of electricity for the first time in many years and consolidating the end of load shedding.