ANALYSIS: Time’s up for Eskom – unbundling must happen in 2 years
Time is up. That is the message coming from the Department of Public Enterprises, Treasury, and a range of experts who have been advising on how to rescue Eskom from financial ruin the last several months.
Eskom only has two years to unbundle into three entities, Fin24 understands. An impeccable source close to the developments told Fin24 that the unbundling process would unfold in two phases over the next two years and there are currently three subcommittees at Eskom assigned to the project.
The unbundling of Eskom into distribution, transmission and generation companies is a solution designed to improve Eskom’s performance and provide greater transparency. It is clear now that those plans are moving ahead. Unless anyone has a better idea, that is.
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