SUMMARY: The framework spells out a social compact between government, business, labour and community, in which each constituency has identified steps to be taken and through which all contribute to resolving the energy crisis, promote labour stability in Eskom to ensure an efficient, reliable and affordable supply of electricity and address the concerns of workers, including the stabilisation of Eskom to support job maximisation across the South African economy, while enabling inclusive economic growth.
KEY FINDING / RECOMMENDATIONS: The social compact identifies a long list of short-, medium- and long-term interventions. Short-term interventions pertain to: managing current load shedding / electricity shortages; procurement of additional electricity generation capacity; managing tariffs; debt recovery and illegal connections; clean governance and management; tackling corruption; and Eskom’s operating model. Medium-term interventions target: Eskom’s financial viability; and impact investment. Long-term interventions deal with: Just Transition package; long-term security of supply; and the regulator.