Ramaphosa's bold new plan to split Eskom into three entities
The power utility will receive financial support from the state, the details of which will be announced in the budget speech
President Cyril Ramaphosa on Thursday announced dramatic steps to remodel Eskom by splitting it into three state-owned entities dealing with generation, transmission and distribution. He also announced that Eskom would receive financial support from the state, the details of which will be announced in the budget in two weeks’ time.
If you are already a subscriber, please click on the following link to go to the full article: Eskom to be split into three entities If you would like to subscribe to BusinessLIVE to read the full story, please click here...