Today's Labour News

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eskomSABC News reports that Department of Public Enterprises (DPE) Minister Pravin Gordhan says unforeseen complexities have caused delays in executing the restructuring of Eskom into three divisions, namely for electricity generation, transmission and distribution.

He indicated that it would take time to complete the restructuring process given the complexity and challenges. In a written parliamentary reply, Gordhan advised that the Eskom board and the new management team had been directed to speed up the processes. Gordhan pointed out that the Generation Division was functionally separated in March 2021. An internal Divisional Generation board was appointed and ring-fenced financials and reporting were in place. On the transmission side, the National Transmission Company of SA (NTCSA) was established as a wholly owned subsidiary of Eskom. The Minister advised that the National Energy Regulator of SA (Nersa) had approved and issued licenses to the NTCSA for operating, trading, as well as importing and exporting electricity.

  • Read the original of the short report in the above regard by Joseph Mosia at SABC News

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