Gordhan criticises Eskom’s ‘elongated’ restructuring timelines, wants grid company to …

Public Enterprises Minister Pravin Gordhan has criticised Eskom’s “elongated” restructuring timeframes and has called for greater urgency and drive from the utility in completing the remaining processes required to enable the independent grid company to begin trading. Eskom has indicated that the National Transmission Company South Africa (NTCSA), the first of three subsidiaries under the yet-to-be-formed Eskom Holdings scheduled to be operationalised, will begin trading from the start of its new financial year on April 1.