Paul Mashatile. Picture: SUNDAY TIMES
Paul Mashatile. Picture: SUNDAY TIMES

The ANC wants greater private investment in struggling state-owned power utility Eskom, treasurer-general Paul Mashatile said on Thursday.

Mashatile said the party was holding discussions about splitting up Eskom’s operations.

He was speaking during a business breakfast on the sideline of a Brics summit in Johannesburg.

Cash-strapped Eskom reported a R2.3bn loss for the financial year to end-March.

Mashatile also said SA could not, for now, afford massive nuclear expansion, and SA’s strategy on nuclear energy should be to avoid a "big bang approach".