End of 103-year-old era for Eskom “irreversible” in South Africa

Eskom's dominance in South Africa's electricity market is set to come to an end, as the utility prepares to unbundle and relinquish its control. In a significant shift, Eskom executives are meeting to discuss how to liberalize the market, a move driven by President Cyril Ramaphosa's efforts to reform the industry. Despite this, Eskom expects to remain a key player, with plans to supply power to emerging sectors like data centres and electric vehicles, bolstering its revenue through exports and renewable energy generation.