CompaniesPREMIUM

Task team briefs ANC on Eskom’s survival strategy

Task team’s options include a substantial debt bailout and utility’s break-up into three parts

Pylons outside the Koeberg Nuclear Power Station near Melkbosstrand on the Cape West Coast. Picture: MARK WESSELS
Pylons outside the Koeberg Nuclear Power Station near Melkbosstrand on the Cape West Coast. Picture: MARK WESSELS

The restructuring of Eskom, including a substantial debt bailout and its break-up into three parts, was put to the ANC lekgotla on Saturday as the first step towards dramatic changes to save the company.

The lekgotla was briefed by a task team of experts established by President Cyril Ramaphosa to guide the government on a way forward for the company.

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