Eskom is readying itself for more competition in the SA electricity market, saying that it would need private-sector investors to help foot the R1.2-trillion needed to install sufficient new generation capacity.
“We need to understand that it is going to become a competitive business, especially the generation and distribution [of electricity],” said Matthew Mflathelwa, GM of strategy and planning at Eskom...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
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