International experience suggests South Africa can benefit by focusing on a simple restructuring of its power utility, allowing well-run state-owned entities to flourish.
- Consulting Economist; and Senior Research Fellow University of Johannesburg, University of Johannesburg
South African courts have been reluctant ‘to step into the shoes of the regulator’. But the confirmation by the Constitutional Court of the ruling by the Supreme Court of Appeal has changed all that.
South Africa’s power utility Eskom wants regulatory reporting requirements waived. The country’s regulator faces possible court action if it agrees.
The need to connect African markets to aid development will once again be discussed at the World Economic Forum. The debate needs to move beyond the usual rhetoric.
What has been lost in stating the case for South Africa’s credit rating is a tangible plan for strengthening governance and regulation of its state owned enterprises.
Airports Company of South Africa, a majority state owned enterprise, is set to be hit by a regulatory own-goal that puts further pressure on the country’s credit rating.
The recently updated Integrated Resource Plan calls for significant investment in South Africa’s power supply. But can the country afford it?
A closer look into the latest financial numbers of South Africa’s state power utility, Eskom, suggest that it may be in a more vulnerable position than appreciated.
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