/ 1 March 2023

After 100 years of Eskom, SA’s energy future hangs in the balance

Eskom 100 Years
Eskom, the state-owned monopoly responsible for electricity production, transmission, and large parts of local distribution, is highly indebted (to the tune of about R400 billion, about a third of the entire country’s annual budget). (Dean Hutton/Bloomberg via Getty Image
The country’s dalliance with privatisation threatens to push up electricity costs, undermining energy security

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