DStv Channel 403 Monday, 25 November 2024

Eskom is not privatised, says Ramaphosa

JOHANNESBURG - President Cyril Ramaphosa maintains that Eskom is not being privatised but it's being restructured.

He says the state-owned entity is going to attract investment through this process.

Ramaphosa was speaking during a closing address of the National Working Committee's visit to Gauteng.

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"For quite a while we have been saying that this entity of ours Eskom has to be restructured," he said.

"Now a lot of people misunderstand what we are seeking to do and they think that we are privatising Eskom. We are not privatising Eskom, we are restructuring it."

 

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