Business & Finance
South Africa Vows Eskom Won’t Weaken After Transmission Restructuring
Key Points
South African Presidency Rebukes Eskom Chairman Over Criticism South Africa’s presidency rebuked the chairman of Eskom Holdings SOC Ltd. for publicly questioning the plan to restructure the state power utility. The authorities are committed to ensuring that Eskom doesn’t end up in a worse financial position than its current one, with a broad range of interested parties involved in the discussions about the unbundling of the utility, presidency spokesman Vincent Magwenya said on Tuesday.
South African Presidency Rebukes Eskom Chairman Over Criticism
South Africa’s presidency rebuked the chairman of Eskom Holdings SOC Ltd. for publicly questioning the plan to restructure the state power utility.
The authorities are committed to ensuring that Eskom doesn’t end up in a worse financial position than its current one, with a broad range of interested parties involved in the discussions about the unbundling of the utility, presidency spokesman Vincent Magwenya said on Tuesday.