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President Ramaphosa signs Electricity Amendment Bill into law

Severe flooding occurred after two retaining dams collapsed, leading to a third overflowing.
Avbob Investment Plan
JOHANNESBURG President Cyril Ramaphosa has signed the Electricity Regulation Amendment Bill into law.
The Bill seeks to provide an open market platform that will allow for competitive electricity trading.
It is also aimed at strengthening the role of the National Energy Regulator of South Africa and introducing provisions on offences and penalties to address the theft and vandalism of electricity infrastructure.

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