An important step towards stabilising the operations of important value-adding South African companies, preserving the jobs that go with them, and promoting a more sustainable future for them, has been masterfully achieved through admirable public-private collaboration. As a consequence of Eskom, the Department of Electricity and Energy, and the National Electricity Regulator of South Africa putting their heads together with private-sector producers, a pricing framework has been approved that enables the many smelting operations of two major ferrochrome companies to grasp commercial continuity in the immediate term while they continue to hunt down a more sustainable future. What South Africans are witnessing is conscientious public-private collaboration that is proving very worthwhile.
Public-private collaboration is proving worthwhile
An important step towards stabilising the operations of important value-adding South African companies, preserving the jobs that go with them, and promoting a more sustainable future for them, has been masterfully achieved through admirable public-private collaboration. As a consequence of Eskom, the Department of Electricity and Energy, and the National Electricity Regulator of South Africa putting their heads together with private-sector producers, a pricing framework has been approved that enables the many smelting operations of two major ferrochrome companies to grasp commercial continuity in the immediate term while they continue to hunt down a more sustainable future. What South Africans are witnessing is conscientious public-private collaboration that is proving very worthwhile.
