The original article can be found here.
Article highlights:
- Public Enterprises Minister Pravin Gordhan has approved the sale of Eskom’s distribution assets to a new state-owned company.
- The new company, which has yet to be named, will be a wholly-owned subsidiary of the power utility.
- While Ramaphosa said that the government would immediately embark on the process of establishing the three separate entities, the split has been dragged out for the past four years.
