After much speculation about the unbundling of Eskom, President Ramaphosa in his response to parliament last week, said Eskom will not be privatised, but the three separate parts, – namely generation, transmission and distribution – will be 100% state owned.
The recent bout of loadshedding brings to the fore Eskom’s precarious financial situation.
President Cyril Ramaphosa announced that South Africans will vote in the general election this year on the 8 May.
Important changes regarding Eskom and other State Owned Enterprises are expected to be announced at the State of the Nation Address (SONA) on Thursday evening.
African National Congress President Cyril Ramaphosa has called on business people to partner with government in building the economy of South Africa. He was addressing minorities at Pietermaritzburg in KwaZulu Natal.