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".

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email or call 0860 52 52 00. Got a subscription voucher? Redeem it now