{"id":21345,"date":"2026-02-13T01:36:29","date_gmt":"2026-02-13T01:36:29","guid":{"rendered":"https:\/\/microvibenews.com\/?p=21345"},"modified":"2026-02-13T01:36:29","modified_gmt":"2026-02-13T01:36:29","slug":"ramaphosa-overrules-eskom-revised-breakup-plan","status":"publish","type":"post","link":"https:\/\/microvibenews.com\/?p=21345","title":{"rendered":"Ramaphosa overrules Eskom revised breakup plan"},"content":{"rendered":"<p><\/p>\n<div id=\"textFreeArticle\">\n<p>South Africa is on track to set up an independent power-transmission company, President Cyril Ramaphosa said, countering assertions that the state is revising the plan.<\/p>\n<p>The government is restructuring state-owned power utility Eskom. \u201cand establishing a fully independent state owned transmission entity, as I have said before,\u201d he told lawmakers in his state-of-the-nation speech in Cape Town.<\/p>\n<p>Read: Ramaphosa targets crime syndicates and water crisis<\/p>\n<div class=\"visible-sm-block visible-xs-block m1010\">\n<div class=\"ad-container-wrapper\">\n<p>ADVERTISEMENT<\/p>\n<p>CONTINUE READING BELOW<\/p>\n<\/div>\n<\/div>\n<p>\u201cThis entity will have ownership and control of transmission assets and be responsible for operating the electricity market.\u201d<\/p>\n<p>In a statement in December, the utility said Electricity Minister Kgosientsho Ramokgopa had approved a \u201crevised unbundling strategy\u201d that would still split Eskom into distribution, generation, renewable energy and transmission units under a single holding company.<\/p>\n<p>It would also see ownership of the grid remain with Eskom, rather than being transferred to an independent transmission system operator.<\/p>\n<p>Read: Electricity reform backsliding threatens grid investment<br \/>Listen: Eskom\u2019s new unbundling plan a \u2018step backwards\u2019 \u2013 BLSA<\/p>\n<p>The statement contrasted with earlier plans to separate the company into three stand-alone units, as Ramaphosa proposed in 2019, to create a more competitive electricity market and make it easier to manage the divisions and their debt.<\/p>\n<p>Analysts had said the revised strategy may jeopardise further implementation of the multi-billion-dollar Just Energy Transition Partnership, a programme backed by European countries to help South Africa reduce its reliance on coal-fired power.<\/p>\n<p>Ramaphosa said he has started a so-called task team under the national energy-crisis committee \u201cto address the various issues relating to the restructuring process, including clear time frames for its phase implementation.\u201d<\/p>\n<p>\u00a9 2026 Bloomberg<\/p>\n<p><em>Follow Moneyweb\u2019s in-depth finance and business news on WhatsApp here.<\/em><\/p>\n<\/p><\/div>\n<p><script data-cfasync=\"false\">\n            !function(f,b,e,v,n,t,s)\n            {if(f.fbq)return;n=f.fbq=function(){n.callMethod?\n                n.callMethod.apply(n,arguments):n.queue.push(arguments)};\n                if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version='2.0';\n                n.queue=[];t=b.createElement(e);t.async=!0;\n                t.src=v;s=b.getElementsByTagName(e)[0];\n                s.parentNode.insertBefore(t,s)}(window, document,'script',\n                'https:\/\/connect.facebook.net\/en_US\/fbevents.js');\n            fbq('init', '779812924991616');\n            fbq('track', 'PageView');\n        <\/script>#Ramaphosa #overrules #Eskom #revised #breakup #plan<\/p>\n","protected":false},"excerpt":{"rendered":"<p>South Africa is on track to se&hellip; 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