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.
Electricity customers should brace themselves for steeper increases.
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The longer government dithers over how Eskom’s debt will be paid, the bigger the problem becomes. Whatever the decision, electricity customers and taxpayers will feel the pinch.
Parts of South Africa’s economy, such as the transport sector, are dominated by a few companies, which raises barriers to entry.
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