by Chris Yelland, EE Publishers
 
On 16 April 2010, Fin24 sent out a report that may have startled some, and sent shudders through ideological die-hards within the Tripartite Alliance.
 
The article was apparently based on discussions with Eskom’s new finance director, Paul O’Flaherty, and human resources director, Bhabhalazi Bulunga. It stated that “Eskom is planning a major restructuring, which could involve a partial privatisation and a major shake-up of its labour force”, and that “the company may be split up, and certain of its assets privatised, in a similar fashion to that of arms utility Denel”.
 
The very same day, this was promptly and vehemently denied in a press release from Eskom’s media desk, in which O’Flaherty is quoted as saying that “Eskom is looking at standardising and streamlining its systems and processes across the business. We have had no discussions about reducing our workforce and have not made any changes to our labour policies”. The press release stated categorically that Eskom has no plans of restructuring as outlined in the Fin24 article.
 
Two apparently contradictory reports? Let’s take a closer look at the three pillars of Eskom’s business – generation, transmission and distribution – to try and understand what’s actually going on here… (more)

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