Home
FacebookTwitterSearchMenu
  • Subscribe
  • Subscribe
  • News
  • Features
  • Knowledge Library
  • Columns
  • Customs
  • Jobs
  • Directory
  • FX Rates
  • Contact us
    • Contact us
    • About Us
    • Advertise
    • Send us news
    • Editorial Guidelines
Africa
Economy

Eskom is not for sale, says Mabuza

16 Sep 2022 - by Staff reporter
Deputy President David Mabuza. 
0 Comments

Share

  • Facebook
  • Twitter
  • Google+
  • LinkedIn
  • E-mail
  • Print

Deputy President David Mabuza has assured Parliamentarians that there are no plans to privatise the national power utility, Eskom.

“Government's policy options and positions have not reached the point where privatisation is seen as an answer to providing better solutions to the current problems that are facing Eskom,” he said.

Mabuza was responding to questions for oral reply in the National Assembly on Thursday.

He said government was working around the clock to make Eskom a more efficient and effective energy generation and transmission public entity, with the necessary capabilities to ensure the security and consistency of energy supply.

The power utility was at an advanced stage of unbundling, which would see the creation of three subsidiary businesses - namely generation, transmission and distribution, he added.

“It would be inaccurate to characterise the current organisational transformation happening within Eskom as privatisation or implied intention to facilitate it.”

He said the government was focusing on improving maintenance and repairs to ensure increased energy availability. The utility was on track to split its generation and distribution businesses by the end of 2022, as outlined by President Cyril Ramaphosa in the National Energy Plan, Mabuza added.

“This will also fulfil the needs of the National Energy Plan to drive the economy, stimulate industrialisation efforts, and ensure the security of electricity supply to housing. Therefore, privatising Eskom is not the answer,” he stressed.

– SAnews.gov.za

Sign up to our mailing list and get daily news headlines and weekly features directly to your inbox free.
Subscribe to receive print copies of Freight News Features to your door.

Saaff reacts positively to ports, rail and road announcement

Logistics

The decision serves to “prevent, mitigate and resolve bottlenecks and additional breakdowns”.

09 May 2025
0 Comments

Durban port takes delivery of ship-to-shore cranes

Logistics

The port’s container terminal has invested approximately R1.5 billion in new equipment over the past 18 months.

09 May 2025
0 Comments

Steep dip in ConCor line volume after derailment

Logistics

An update states that as a result, rail operations in and out of Durban were affected.

09 May 2025
0 Comments

Rates storm looms as Suez eyes reuptake of volume

Logistics

A sudden rediversion of global traffic through the Suez Canal would unleash surplus tonnage back into regular trade lanes.

09 May 2025
0 Comments

SA pork producers fear US leverage over citrus and tariffs

Imports and Exports

The primary responsibility remains the protection of the local industry from PRRS outbreaks.

09 May 2025
0 Comments

Ramaphosa outlines second phase of Operation Vulindlela

Logistics

The government would deepen the implementation of current reforms in energy and logistics.

09 May 2025
0 Comments

Carrier pulls out of crucial cargo flights for Red Sea destinations

Air Freight

Disruption is particularly acute in Sudan, where civil conflict has devastated infrastructure.

09 May 2025
0 Comments

Proposed cabotage rules in line with 91 other countries

Sea Freight

“No ship, other than a South African-owned ship, is permitted to engage in coastwise traffic for the conveyance of goods between ports in SA.”

09 May 2025
0 Comments

Fuel-crime curbing causes tanker build-up at Moz border

Border Beat
08 May 2025
0 Comments

Agri processing and farm logistics under spotlight at Nampo

Imports and Exports

More than 200 light aircraft, including helicopters and small twin-prop planes, are expected to fly in.

08 May 2025
0 Comments

Saudi Arabian operator evaluates Port of Durban investment

Logistics

The brownfield development opportunity in Maydon Wharf spans 145 hectares and features 15 berths.

08 May 2025
0 Comments

Preferred bidders for Port of RB’s South Dunes Precinct announced

Logistics

TNPA said it forms part of its masterplan for ports in KwaZulu-Natal.

08 May 2025
0 Comments
  • More

FeatureClick to view

Sea Freight May 2025

Border Beat

Fuel-crime curbing causes tanker build-up at Moz border
08 May 2025
Border police turn the tide on illegal crossings
29 Apr 2025
BMA officials arrested for enabling illegal immigration
24 Apr 2025
More

Featured Jobs

Transport Clerk (DBN)

Tiger Recruitment
Durban (New Germany)
09 May

Operations’ Coordinator

Brinks Security PTY LTD
Johannesburg
09 May
More Jobs
  • © Now Media
  • Privacy Policy
  • Freight News RSS
  • About Us
  • Advertise
  • Send us news
  • Contact us