Eskom splits off Transmission Division

[itareanlnotani]

Eskom splits off transmission division

Subject to certain conditions, in line with an end-December deadline set in a restructuring plan.

www.moneyweb.co.za

South African power utility Eskom said on Monday it had executed the separation of its transmission division, subject to certain conditions, in line with an end-December deadline set in a restructuring plan.

 

[itareanlnotani]

This is actually good news (in theory).

 

[RonSwanson]

This is actually good news (in theory).

True, but it depends on what those "certain conditions" are.

 

[Quintrix]

In other news: Siamese twins have been split, they each have their own mouth now but are still joined by the hip so can't stand on their own feet.

 

[itareanlnotani]

True, but it depends on what those "certain conditions" are.

The devil is always in the fine print.

Assuming it legitimately is a separate enterprise and not just a paper entity, this should lead to easier and faster REIPPP connectivity.

 

[grok]

So De Ruyter isn't so useless after all, lol..