Eskom’s current financial situation makes it difficult to see any other path to sustainability than that of drastic cost-cutting, restructuring and bringing private equity into the business, Energy Intensive Users Group of Southern Africa (EIUG) past chairperson Piet van Staden argues. In an opinion article published by EE Publishers, Van Staden also called for urgent intervention by government to avoid an Eskom default, which would take “the whole economy down with it”.

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