Gordhan insists unbundled distribution business to remain State-owned as he approves Eskom …

Public Enterprises Minister Pravin Gordhan has given an assurance that there is no plan to privatise any of the three Eskom entities of generation, transmission and distribution currently being unbundled in line with a policy initially outline in the so-called ‘Eskom Roadmap’ of 2019. In a statement clarifying a letter sent to the Eskom board regarding the restructuring of the distribution company, but which included the words “approval for sale”, sparking speculation that the business was being privatised, Gordhan insisted that the entity would remain fully State owned.