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Eskom needs protection against competition, says Ramokgopa

Eskom needs protection against competition, says Ramokgopa

By GhanaSummary NewsroomSouth Africa

This includes “liberating” Eskom from the Public Finance Management Act (PFMA) and subjecting private sector players, even those in bilateral contracts, to the same social obligations that Eskom has.

Minister of Electricity and Energy Kgosientsho Ramokgopa wants to introduce drastic measures to ensure Eskom can compete against private sector entities in a competitive electricity market.

Regarding Ramakgopa’s proposal for the extension of Eskom’s social obligations to the private sector, Attard Montalto says it ignores the fact that private sector electricity entities do a huge amount themselves as part of their social licence to operate.

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