Deputy minister says the energy sector needs to be liberalised but that does not mean privatisation
The energy sector cannot continue to be dominated by one state-owned monopoly which has caused a lot of the problems facing the country, deputy finance minister David Masondo said in parliament Thursday.
Treasury has proposed that some of Eskom’s coal-fired power stations be concessioned to private sector operators...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.
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