Ramaphosa knows why companies in South Africa are in crisis

• President Cyril Ramaphosa attributes the crisis in South Africa's companies to high electricity prices, causing erosion and collapse of the country's industrial base.
• The crisis is attributed to factors such as high electricity costs, weak domestic demand, logistics constraints, and growing import competition, which have led to a decline in the manufacturing sector, resulting in job losses and investment delays.
• President Ramaphosa has called for the transformation of the electricity market and the unbundling of Eskom to reduce electricity costs, which could have significant implications for the country's economic growth and job market.