Major Restructuring in Store for South African Power Utility?
Public Enterprises Minister Pravin Gordhan has said that a discussion will have to be held on whether energy parastatal Eskom should be split into three separate entities. This comes as a task team created by President Cyril Ramaphosa to gauge the sustainability of the cash-strapped power utility is due to present its findings to Cabinet.
allAfrica, 30 January 2019
Public Enterprises Minister Pravin Gordhan has said that a discussion will have to be held on whether energy parastatal Eskom should be split into three separate entities, ESI… Read more »
Top: Eskom Megawatt Park. Bottom-left: Public Enterprises Minister Pravin Gordhan. Bottom-right: President Cyril Ramaphosa.
South Africa: Eskom, State Capture and a Plan to Keep the Lights On
Daily Maverick, 25 January 2019
Daily Maverick takes a look what's at stake amid all the Davos talk of renewal, credible turnaround strategies and growth. Read more »
South Africa: Municipal Debt, Poor Finances Pose Risk to Eskom
SAnews.gov.za, 24 January 2019
Rising municipal debt, coupled with poor financial and operational performance, pose a systemic risk to the sustainability of Eskom, says its Chief Financial Officer Calib Cassim. Read more »
Eskom plans to ask the government to absorb about R100 billion of its debt in order to rescue it from bankruptcy according to Read more »
A report from the National Treasury has exposed the level of corruption at power utility Eskom and Transnet, as well as the influence former home affairs minister Malusi Giga had ... Read more »