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Power utility Eskom has pushed out the time frame for its unbundling by at least two years and no longer has a firm target date for the full legal establishment of the three subsidiaries the process will create.

The splitting up of the company into three parts — generation, which will own the power stations; transmission, which will own and manage the national grid; and distribution, which are wires and poles that connect consumers to the grid — is seen as crucial to overcoming its operational and financial difficulties...

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