Eskom chairman rejects allegations they were working against Cyril Ramaphosa

• Eskom chairman Mteto Nyati has rejected allegations that the utility was working against President Cyril Ramaphosa, stating that Eskom supports the government's ownership plans.
• The transfer of transmission assets from Eskom to the independent Transmission System Operator (TSO) is part of South Africa's power market reforms, aimed at establishing the South African Wholesale Electricity Market (SAWEM) and promoting competition, investment, and lower electricity prices.
• Mteto Nyati has warned that transferring assets from Eskom to the TSO too soon could undermine Eskom's finances and unsettle investors, and has suggested a phased approach to the restructuring process.