New legislation that will effectively end Eskom's monopoly on the production of electricity and establish a competitive electricity supply market was passed by the National Assembly on Thursday.
The reform, one of President Cyril Ramaphosa's most important economic reforms, is viewed as crucial to opening up the electricity market and solving load shedding. The Electricity Regulation Amendment Bill makes provision for the establishment of a state-owned Transmission System Operator that will:South Africans need to be in the know if we want to create a prosperous future. News24 has kept the country informed for 25 years, and we're about to enter a new chapter of fearless journalism. Join our free subscription trial to unlock this story and a world of news aimed to inform, empower, and inspire.
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