South Africa Advances Eskom Break-Up and New Transmission Company

Summary

South Africa's government is moving forward with plans to break up Eskom, the country's main electricity provider. The plan involves creating a separate company that will manage the transmission grid. This means that Eskom's power generation and transmission services will be split into different entities. The goal is to improve the reliability and efficiency of South Africa's electricity supply. This change is expected to help address the ongoing issues with power outages and load shedding that many South Africans face. By having a focused company managing the transmission network, the government hopes to create a more stable and transparent electricity system. This will also encourage more competition and private sector involvement in the energy market, potentially leading to better services and prices for consumers in the long run.