ANC wants private investment in Eskom

The ANC wants greater private investment in struggling state-owned power utility Eskom, Treasurer General Paul Mashatile said on Thursday.

Mashatile also said the ruling party was holding discussions about splitting up Eskom’s operations. He was speaking during a business breakfast on the sideline of a Brics summit in Johannesburg.

Cash-strapped Eskom reported a R2.3 billion loss for the financial year which ended in March.

Source: moneyweb.co.za