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The end of Eskom's 100-year monopoly
The signing of the Electricity Regulation Amendment Bill marks the end of Eskom's 100-year monopoly in South Africa. Energy expert Chris Yelland says it is critical for the future of South Africa's electricity sector.
Eskom was founded by Hendrik van der Bijl in 1923 with the backing of Prime Minister Jan Smuts. At the time, it was known as the Electricity Supply Commission (ESCOM).
The signing of the Electricity Regulation Amendment Bill marks the end of Eskom's 100-year monopoly in South Africa. Energy expert Chris Yelland says it is critical for the future of South Africa's electricity sector.
Eskom was founded by Hendrik van der Bijl in 1923 with the backing of Prime Minister Jan Smuts. At the time, it was known as the Electricity Supply Commission (ESCOM).