Back to all news
Macro Finance

South Africa Vows Eskom Won’t Weaken After Transmission Restructuring

Bloomberg Markets·August 11, 2026·1 min read

South Africa's presidency rebuked the chairman of Eskom Holdings SOC Ltd. for publicly questioning the plan to restructure the state power utility. The presidency vowed that Eskom won't weaken after the transmission restructuring, signaling the government's commitment to the plan despite internal dissent from the utility's leadership.

Read at Bloomberg Markets
Daily crypto arcade

Read the news, then play it.

Chainshorts turns crypto headlines into a daily game. Catch up in 60 words, then jump into daily lucky draws for a shot at the pot.

Open ChainshortsGet it on the Solana dApp Store