News24 Business front pageMinister of Electricity Kgosientsho Ramokgopa says that the unbundling of Eskom and the establishment of an independent national transmission company remain top priorities for the government.
The roadmap for Eskom published by Minister of Public Enterprises Pravin Gordhan in 2019 proposes the splitting up of Eskom into three units: generation, transmission and distribution. The restructuring is an essential part of creating a competitive electricity market in SA, where multiple producers sell power to a single state-owned grid company.
Professor Anton Eberhard, director of UCT's power futures lab, said he understood that Eskom's generation was Ramokgopa's immediate priority. Market reform had to happen in parallel with efforts to fix Eskom. In particular, the transmission company must be established.
_Business Thats no surprise we that has been the plan all along and was he appointed to facilitate the process
_Business Minister you can do everything I no longer care as long as the loadshedding that is destroying, damaging our electrical appliances stop...that will make me happy and sing praises
_Business
_Business Yes, that's what he is actually hired for. We saw it coming.
_Business Isn't odd how Rockefeller foundation gave money to both Anton Eberhard and Cyril Ramaphosa..... And they both tried to go around Gwede Mantashe even giving the new minister of electricity more executive power than other ministers. Their priority is independent power producer.
_Business ESKOM is not for sale.
_Business He's not here to solve loadshedding at eskom.
_Business Oh cool. So the plan was to get a manager that’s gonna sell it off? Cool
_Business But atleast there is no corruption 🤣🤣🤣🤡🤡🤡 VoetsekANC AncIsCorrupt