Cape Town signs R8 billion deal to dump Eskom

The City of Cape Town has signed a landmark R8 billion agreement to purchase electricity from independent power producers over the next two decades. This move is part of the city's strategy to reduce its reliance on Eskom, the national power utility, and to secure more reliable and sustainable energy sources. The deal is expected to diversify the city's energy mix and potentially stabilize power supply for residents and businesses.

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