South African President Cyril Ramaphosa pledged Wednesday to use his victory in last week’s election to impose faster reforms to boost the economy and turn around Eskom, the state’s ailing power company.
“We identified a number of reform issues that we needed to address, we are now going to do that with greater speed,” Ramaphosa said after the ruling ANC party won the May 8 election with its thinnest majority since the end of apartheid.“We are going to continue with our reforms of our state-owned enterprises because a number of them have held us back.”
“We are going to proceed to clean it up,” he vowed, promoting his plan to restructure the company and tackle its vast debts.
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