New Eskom break-up plan creates huge conflict of interest
South Africa’s decision to modify a plan to break up its state-owned power utility into three separate entities is encountering opposition from creditors and foreign government funders.
The “revised unbundling strategy” approved by...
Eskom getting R19-billion unbundling loan from World Bank
The World Bank said it will support South Africa’s transition to using cleaner forms of energy with a $1 billion (R19.19 billion) loan.
The funding will help facilitate “restructuring of the power sector” through the unbundling of...