ANC wants private investment in Eskom
Cash-strapped Eskom reported a R2.3 billion ($175 million) loss for the financial year which ended in March.
JOHANNESBURG – South Africa’s ruling party wants greater private investment in struggling state-owned power utility Eskom, African National Congress treasurer-general Paul Mashatile said on Thursday.
Mashatile also said the ruling party was holding discussions about splitting up Eskom’s operations. He was speaking during a business breakfast on the sideline of a BRICS summit in Johannesburg.
Cash-strapped Eskom reported a R2.3 billion loss for the financial year which ended in March.