- Operation Vulindlela Phase II Progress Report Q2 – 2025-26 | October 20251.60 MB
South Africa has continued to build momentum in implementing far-reaching economic reforms during the second quarter of 2025/26. The reform priorities included in Phase II of Operation Vulindlela aim to drive more rapid and inclusive growth by removing the structural constraints which have held back our economy for more than a decade.
In the energy sector, work to establish a competitive electricity market is now advanced and the pipeline of private investment in new generation capacity – largely from renewable energy sources – continues to grow. A clear framework to enable independent transmission projects (ITPs) in support of the Transmission Development Plan is now in place, and work is underway to launch the first phase of ITP procurement.
Report by National Treasury
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