The Eskom Sustainability Task Team – which has already had its proposal for the unbundling of the utility into three separate units accepted by government – is now finalising an updated report for President Cyril Ramaphosa which will include a financial recovery plan for the State-owned entity. Appointed in December 2018 the team includes Professor Anton Eberhard, Tsakani Mthombeni, Grové Steyn, Frans Baleni, Mick Davis and Busisiwe Vilakazi. The task team has concluded that further interventions are required beyond the tariff increases announced by the National Energy Regulator of South Africa in March and the National Treasury’s commitment to inject R23-billion a year into the business for up to ten years.
