Eskom tells senior managers unit separation to take 3 to 5 years | Fin24
 
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Eskom tells senior managers unit separation to take 3 to 5 years

Aug 23 2019 20:13
Antony Sguazzin

Eskom told senior managers that it sees the company being split into generation, transmission and distribution units within three to five years.

    The company nearly collapsed “multiple times” in 2019 due to a lack of cash and only exists because of its importance to South Africa, according to a presentation seen by Bloomberg and confirmed by the chairperson’s chief of staff.

    eskom  |  state owned enterprise
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