State is urged to take private sector on board

11 June 2008 - 02:00
By unknown

Business leaders yesterday called on the government to create opportunities for the private sector to invest in electricity services and prevent future problems.

Business leaders yesterday called on the government to create opportunities for the private sector to invest in electricity services and prevent future problems.

"We run the risk of another crisis," said Business Unity SA chief executive Jerry Vilakazi, calling for a favourable regulatory environment for the private sector to invest.

"We should create sufficient conditions to attract the private sector to electricity distribution, not only in the supply chain but in the electricity distribution," he told an electricity summit in Midrand. Otherwise, he warned, there "may be more serious problems" in 15 years' time.

Vilakazi said the private sector had more skills to offer than the government. - Sapa