Eskom board chair Mpho Makwana says its new transmission company should be operational by Q3 2023. Makwana said an operational transmission company should bring new players to the energy market. President Cyril Ramaphosa announced that Eskom would be unbundled into three separate units – transmission, generation and distribution – in 2019, with delays drawing widespread criticism as it is seen as crucial to reforming the energy market.
South Africa’s competition authorities previously said that Heineken could purchase Distell but added that Newco – the company forming from the merger of Heineken South Africa and Namibia Breweries – had to invest in the local breweries and beverages sector. [: The City of Tshwane must cut its expenses by at least R3 billion after the National Treasury issued a directive. The city is currently in unfunded status, meaning that its expenditure is greater than its projected revenue.
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