Eskom sends a warning to the government
- Eskom's chairman, Mteto Nyati, advises the government to address financial risks before transferring assets to a separate transmission company.
- Eskom's board supports the creation of an independent transmission system operator, but wants to transfer ownership of transmission infrastructure only after key financial hurdles are cleared.
- Eskom is seeking an urgent meeting with President Cyril Ramaphosa to discuss its concerns, which may impact the restructuring process and the company's credit profile.
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