End of Eskom’s 103-year-old monopoly

• Eskom's 103-year-old monopoly on the generation and transmission of electricity is indeed coming to an end, with the creation of an independent Transmission Systems Operator (TSO) and a competitive market.
• The unbundling of Eskom is a key step towards creating an open, competitive electricity market in South Africa, which is seen as vital for the country's energy security and to enable cheaper forms of energy generation, such as renewables.
• The complete unbundling of Eskom is still uncertain, with several delays already recognized, and the utility is pushing back against the process, citing concerns over its financial sustainability and potential breaches of lending agreements.