Browsing: Cyril Ramaphosa

Eskom to be split into three companies

President Cyril Ramaphosa vowed to rescue the ailing state power utility by providing it with financial support and splitting it into three entities after it suffered massive losses and piled on debt.

Jobs axe to cut deeper at Eskom

Eskom will extend its strategy of trimming top executive positions to include lower ranking managers and finally the general workforce, according to a person familiar with the plans.

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