Share

Eskom says it halted Cape Town supply takeover to avoid 'haphazard approach' during unbundling

accreditation
Share your Subscriber Article
You have 5 articles to share every month. Send this story to a friend!
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
loading...
Loading, please wait...
0:00
play article
Subscribers can listen to this article
Eskom wants to take a standardised approach to handing over supply areas to municipalities. (Kinga Kzreminsta/ Getty Images)
Eskom wants to take a standardised approach to handing over supply areas to municipalities. (Kinga Kzreminsta/ Getty Images)

While several municipalities have approached Eskom to take over electricity supply areas, the power utility has called for a more "standardised approach" amid its unbundling into three entities, it said in a statement.

Earlier this week the City of Cape Town said that Eskom decided to end discussions with the metro, which was planning on taking over electricity supply areas. In a letter from Eskom, general manager Mbulelo Yedwa, addressed to Mayor Geordin Hill-Lewis, Eskom said that it was not in its "best interest" to transfer the assets.

In response to questions from News24, Eskom ultimately released a statement explaining its position.

Read this for free
South Africans need to be in the know if we want to create a prosperous future. News24 has kept the country informed for 25 years, and we're about to enter a new chapter of fearless journalism. Join our free subscription trial to unlock this story and a world of news aimed to inform, empower, and inspire.
Try our free 14-day trial
Already a subscriber? Sign in
heading
description
username
Show Comments ()
Rand - Dollar
18.57
+0.1%
Rand - Pound
23.66
+0.2%
Rand - Euro
19.94
+0.1%
Rand - Aus dollar
12.28
+0.0%
Rand - Yen
0.12
+0.1%
Platinum
959.50
-0.0%
Palladium
895.01
+2.1%
Gold
2,313.46
-0.2%
Silver
29.38
+0.3%
Brent Crude
81.92
+0.4%
Top 40
69,787
0.0%
All Share
76,077
0.0%
Resource 10
57,581
0.0%
Industrial 25
107,506
0.0%
Financial 15
16,754
0.0%
All JSE data delayed by at least 15 minutes Iress logo
Company Snapshot
Editorial feedback and complaints

Contact the public editor with feedback for our journalists, complaints, queries or suggestions about articles on News24.

LEARN MORE
Government tenders

Find public sector tender opportunities in South Africa here.

Government tenders
This portal provides access to information on all tenders made by all public sector organisations in all spheres of government.
Browse tenders