Question
South African president Cyril Ramaphosa laid down his much-anticipated plan for the country's stricken energy sector removing the cap over private sector generation and doubling
South African president Cyril Ramaphosa laid down his much-anticipated plan for the country's stricken energy sector removing the cap over private sector generation and doubling to 6,000MW the amount of wind and solar power to be procured in the latest Window Bid 6." Which word describes the energy sector after the South African government has allowed private companies to sell energy to Eskom?
A. oligopoly
B. deregulated
C. monopoly
D. efficient
2. Read the extract below and answer the question that follows: (4 marks) "National airline South African Airways, has requested R3.5 billion..... Arms company Denel, has asked for R3.4 billion..... Port and freight rail operator Transnet, is seeking R2.9 billion.... The South African Post Office, says it needs R2.4 billion." Which of the below would increase if the government granted these SOEs the money that they are requesting?
A. privatisation
B. monopoly
C. public debt
D. monetary policy
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