President Cyril Ramaphosa was told to cut bureaucracy and focus on fixing the country’s energy crisis if he wants to revive Africa’s most industrialized economy. Water, transport and port services must be “dramatically improved,” the Presidential Economic Advisory Council (PEAC) said in a briefing note submitted to Ramaphosa ahead of his State of The Nation address next month and seen by Bloomberg. Two additional bidding rounds for the provision of renewable energy should be held this year, it said.
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