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Pros And Cons For Privatizing Eskom, One Of The World’s Largest Monopolies

Pros And Cons For Privatizing Eskom, One Of The World’s Largest Monopolies

ANC rally invent-the-future.org
ANC rally Photo: invent-the-future.org

The ANC is opposed to total privatization

The ANC said it is not in favor of totally privatizing the country’s power system despite Eskom’s problems, BusinessTech reports.

“Electricity remains a public good and therefore, if you totally privatize it, it will have problems,” ANC secretary general Gwede Mantashe told reporters.

Source: BusinessTech