This.
Bloated Staff:
Believe it or not, but not all Eskom's staff are useless. They have some exeptionally skilled technical staff. These would be most effectively used in grid monitoring and upkeep. The same could be said for some power stations, but there's no reason they can't cross over into the private sector along with the stations.
As for the admin staff, it seems as though 1 person could (and should) do the job of 4. Especially in the project and engineering environments. This is often where a massive amount of consultancy fees are used on. These departments will also be massively downscaled once the generation and distribution components are removed.
The amount of manpower used on contracts and tenders is astonishing...and almost all of it for construction of new lines etc. would become redundant if private companies start running their own distribution networks.