Public Enterprises Minister Pravin Gordhan says the restructuring under way at South Africa’s troubled State-owned electricity producer will result in a new-look entity that “will no longer be the old Eskom as we know it” by the end of March next year. Delivering his Budget Vote to lawmakers, Gordhan said the National Transmission Company of South Africa (NTC) would be fully operationalised by November and that the identities of its independent board members would be announced “shortly”.
Power utility Eskom has announced that it will implement Stage 5 loadshedding in the evenings until further notice. Stage 5 loadshedding will be implemented from 16:00 until 05:00 and Stage 4 loadshedding from 05:00 to 16:00 every day.
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