Gordhan says draft Eskom unbundling White Paper to be finalised soon

Engineering News writes that Public Enterprises Minister Pravin Gordhan says a draft White Paper outlining government’s approach to the unbundling of State-owned power utility Eskom, as well as how its “unsustainable” debt burden will be managed, is being prepared and should be finalised within weeks. Gordhan made the remarks ahead of his Budget Vote address, which was initially delayed when members of the opposition Economic Freedom Fighters (EFF) threatened the Minister with physical violence in an attempt to prevent him form speaking.

Gordhan said the paper would outline South Africa’s future energy environment, as well as the envisaged financial arrangements for Eskom. It would also address the utility’s indebtedness and its restructuring, as well as identify cost-saving opportunities in the areas of coal, staffing and capital efficiency. Operationally, the paper would assess whether the utility could sustain a higher energy availability factor.

by Terence Creamer

Releated

SAPS to march against gender-based violence

eNCA reports that the men of the South African Police Service are mobilising in Pretoria to march against gender-based violence as well as violence against children and other vulnerable groups. The march will be led by Police Minister Bheki Cele and is aimed at raising awareness and also urging society to get more involved in reporting gender-based […]

Tertiary institutions need centres to deal with gender violence: Mazibuko

SABC News reports that Gauteng MEC for Community Safety, Faith Mazibuko has called for victim empowerment centres in tertiary institutions has called for victim empowerment. Mazibuko says tertiary institutions that do not have victim empowerment centres subject victims of gender-based violence to secondary trauma. “Young women, they don’t have facilities, there is no infrastructure that […]