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RE: LeoThread 2025-06-01 15:20

in LeoFinance4 months ago

Part 3/10:

During World War I, the South African government recognized the need for a centralized electricity provider to manage the burgeoning demand and coordinate resources. This led to the creation of the Electricity Supply Commission (ESCOM) under the Electricity Act of 1922, which focused on diversifying the economy and controlling power supplies.

The Birth of State Capitalism