SIKONATHI MANTSHANTSHA: Deadline is the first step in Eskom unbundling
Should the end-March deadline be met for the separation of the transmission unit, Gordhan should then move to open Eskom’s old power stations for sale to private investors
Public enterprises minister Pravin Gordhan’s commitment that Eskom will be split into three separate entities before the end of the financial year in March is welcome and long overdue. The government has been talking about doing this for almost two years, so any tangible development — such as the separation out and registration of a new transmission company — is a step in the right direction.
Separating the transmission unit, which delivers electricity to bulk buyers or other on-sellers (including municipalities), will remove about 6,000 employees from the books of Eskom’s core generation business.