Eskom: To unbundle, privatise or keep the status quo?

2019-02-12 10:54
Eskom is likely to remain a big risk factor for the South African economy in 2019.

Eskom is likely to remain a big risk factor for the South African economy in 2019.

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South Africa's energy supplier Eskom seems to be in its worst crisis yet. Three days after President Cyril Ramaphosa announced during the State of the Nation Address that the state-owned enterprise will be unbundled the country was been hit by stage 4 load shedding for the first time.

President Cyril Ramaphosa said the current loadshedding by Eskom came as a "shock" and he was "quite angry" that the national energy generator has "reached this stage of dysfunctionality".

But what is the solution? Will the government's plan to unbundle the power supplier into three entities focusing on electricity generation, transmission and distribution respectively succeed in stabilising Eskom?

Or, should it be privatised, partly or fully, as many have suggested, to save taxpayers' money being poured into the company to save it from bankruptcy? While this seems like an obvious solution, it could hold consequences for workers and even electricity prices. 

What do you think should be done? Send us your views in 300 to 400 words at or submit it via MyNews24.

READ: OPINION - Why South Africa's latest plan for Eskom could work


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