We've got news for you.

Register on BusinessLIVE at no cost to receive newsletters, read exclusive articles & more.
Register now

Trade unions, the pro-nuclear lobby, discredited former Eskom staff and the Zuma fight-back brigade have joined forces to campaign against independent power producers (IPPs), which they claim are responsible for Eskom’s financial crisis. The anti-IPP campaign is the new anti-Ramaphosa proxy battle, and it has complicated and poisoned the environment at Eskom, where the government, management and trade unions must attempt over the next month to strike a bargain over Eskom’s restructuring. The restructuring into three separate state-owned businesses involving a generation company, which will own the power plants; a distribution company which will own the poles and wires; and a transmission business, which will own and manage the national grid, is a critical part of the government’s strategy to defuse the financial and operational risk posed by Eskom to the economy. The campaign forced a response from energy minister Jeff Radebe on Sunday, who issued a lengthy statement refuting the ce...

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 helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now

Would you like to comment on this article?
Register (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.

Commenting is subject to our house rules.