‘Politicians Must Leave Eskom Alone’: NUM Prepares Legal Action Against Ramaphosa over Eskom Restructuring
3 Articles
3 Articles
Ramaphosa, Eskom spar over power grid access
South African President Cyril Ramaphosa clashed with the head of state energy company Eskom over the speed of opening the national power grid to private operators, pitting the government’s flagship energy reform against warnings of bondholder shock. At the heart of the dispute is the transfer of powerline assets to an independent Eskom spinoff to dismantle the utility’s monopoly over the grid and open it to private power generation companies to …
‘Politicians must leave Eskom alone’: NUM prepares legal action against Ramaphosa over Eskom restructuring
The National Union of Mineworkers is preparing to take President Cyril Ramaphosa and the state to court over plans to restructure Eskom. It warned that the proposed separation of the utility's transmission business could weaken the power company and threaten the wider economy.
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