Question NW2834 to the Minister of Public Enterprises
08 January 2024 - NW2834
Cachalia, Mr G K to ask the Minister of Public Enterprises
Whether he has found that Eskom assets are being sold off to private companies; if not what is the position in this regard; if so, what are the relevant details; (2) whether he will remain resolute in the face of opposition by encouraging public-private partnerships at (a) Eskom and (b) Transnet; if not, why not; if so, what are the relevant details?
Reply:
1. No part of Eskom’s restructuring involves selling any of its assets. Eskom is being restructured into three separate and distinct subsidiaries – generation, transmission and distribution – which will be 100 percent wholly owned by the State.
2. Public-private partnerships have previously been acknowledged as a way to unlock critical investment opportunities for the SOEs. They are also critical in helping the state to address competing fiscal priorities by making SOEs more financially sustainable and self-reliant. These partnerships also enable crowding in of appropriate skills and capital. This ensures that the national interest is best served by creating a collaborative ethos among all stakeholders, including labour.
Remarks: Approved / Not Approved
Jacky Molisane PJ Gordhan, MP
Acting Director-General Minister
Date: Date: