- President Ramaphosa established a panel to address governance failures in South Africa.
- Ramaphosa has set deadlines for the Eskom restructuring plan, which involves the unbundling of the company to create a Transmission System Operator (TSO).
- Ramaphosa has taken concrete steps to restructure Eskom, including setting up a task force and issuing an RFP.
- President Ramaphosa supports the restructuring of Eskom assets, while the Development Bank of Southern Africa provides financial advice to the National Treasury.
National Treasury, IDC, and DBSA announced new partnerships and credit guarantees to support energy security and infrastructure in South Africa.
1 report, 1 independent
Updated Sep 14
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What happened
National Treasury, IDC, and DBSA announced new partnerships and credit guarantees to support energy security and infrastructure in South Africa.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
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Industrial Development Corporation
state-owned company in South Africa
Nothing else this week.
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Development Bank of Southern Africa
Government finance company
Nothing else this week.
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Eskom
electricity utility in South Africa
Related events
- The Industrial Development Corporation (IDC) issued warnings regarding structural constraints on industrial development in South Africa.
- South Africa seeks Chinese investment while facing US tariffs and aid cuts, amidst Eskom's ongoing energy challenges.
- Eskom operates within South Africa's market as market reforms are currently underway.
- The South African government, via a Labour Minister, invested in Eskom's infrastructure development through the Public Investment Corporation.
- The Industrial Development Corporation (IDC) has extended funding and converted debt into equity for Tongaat Hulett, focusing on its Durban refinery operations.