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Eskom should sell equity to Pension Funds

Eskom, South Africa’s state-owned power utility, should seek to sell equity to pension funds to help tide it over its cash flow crunch, according to the head of the African National Congress’s Economic Transformation Committee. While privatizing power provision is not part of the government’s policy, the National Treasury said last week that is was investigating options to increase private sector participation in power generation.

Read more at Bloomberg…

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