
Pretoria - President Cyril Ramaphosa is expected to announce further measures to support efforts for the recovery and financial and operational sustainability of cash-strapped Eskom, the presidency said on Tuesday.
This as Ramaphosa will on Thursday deliver the State of the Nation Address (SONA) following the constitution of the sixth democratic parliament after getting a fresh mandate during the 8 May general election.
In his February SONA, Ramaphosa announced that Eskom would be split into three units to help it reduce costs, boost its balance sheet, and enable it to approach creditors.
On Tuesday, Ramaphosa met with members of the Eskom board at Genadendal Residence in Cape Town.
The presidency said the meeting, which was also attended by the ministers of finance, mineral resources and energy and public enterprises, was called to establish alignment across government on the actions to be undertaken to stabilise the energy utility in light of its financial and operational challenges.