Johann Rupert’s energy company on ending Eskom’s monopoly
- Johann Rupert's Energy Exchange of Southern Africa (EXSA) is working to end Eskom's 103-year-old monopoly in South Africa by creating a fully liberalized electricity market.
- EXSA was created by Remgro, a company backed by Johann Rupert, and has received an electricity trading licence from the National Energy Regulator of South Africa (Nersa) in 2022.
- The liberalization of the electricity market is expected to lead to increased competition and potentially lower prices for consumers, although the exact impact remains to be seen.
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