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R100bn in investments for power supply

Due to growing pressure from business to increase the threshold to at least 50MW, President Cyril Ramaphosa ended up increasing the threshold of unlicensed power generation to 100MW. This move will attract 15,000MW of new generation capacity. That is roughly equivalent to one-third of Eskom’s generating capacity, says Peter Attard Montalto, head of capital markets research at Intellidex. More on News24.