Browsing: Business Leadership South Africa

The unbundling now has advisers, a timetable and, at last, agreement between Eskom and business.

Eskom’s profit more than doubled to R30.3-billion, but electricity sales fell 6.2% and municipal arrears passed R111-billion.

Eskom and BLSA now say they agree on the independent transmission operator, two months after a public falling-out.

There is a difference between acknowledging complexity and weaponising it to resist change, writes Busi Mavuso.

Investors have been waiting to see whether South Africa would actually follow through on real energy sector reform.

The transmission operator will own the assets outright, reversing a plan approved by the energy minister in December.

Eskom is heading for a load shedding-free winter – yet electricity reform has stalled, a top business lobby has warned.

Upgrades from S&P, Fitch and Moody’s reflect fiscal discipline after 15 years of deficits.

Eskom CEO Dan Marokane has said new electricity trading rules are close and that the utility is tooling up to trade.

The fight over who owns South Africa’s transmission grid has burst spectacularly into the open.