Otmane El Rhazi from Mining Weekly | Ferrous Metals Home.
Patrice Motsepe, chairperson of the black-controlled diversified mining company African Rainbow Minerals, on Monday urged the government to intervene seriously to establish Eskom as a competitive, cost-effective, reliable provider of electricity. Speaking at ARM’s presentation of interim results, which saw its headline earnings plunge 56% in the six months to December 31, Motsepe said South Africa had a very serious job challenge and he had no doubt that a huge number of jobs would be created if both electricity and water were available at competitive prices.
Patrice Motsepe, chairperson of the black-controlled diversified mining company African Rainbow Minerals, on Monday urged the government to intervene seriously to establish Eskom as a competitive, cost-effective, reliable provider of electricity. Speaking at ARM’s presentation of interim results, which saw its headline earnings plunge 56% in the six months to December 31, Motsepe said South Africa had a very serious job challenge and he had no doubt that a huge number of jobs would be created if both electricity and water were available at competitive prices.
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