Subsidiaries

Eskom Enterprises (Pty) Limited and its subsidiaries provide lifecycle support and plant maintenance, network protection and support for the build programme for all Eskom divisions. It also has subsidiaries in South Africa, Mali and Uganda.

Eskom’s other wholly owned operating subsidiaries are Eskom Finance Company (Pty) Limited, Eskom Development Foundation and Escap Limited.

All Eskom’s subsidiaries are subject to Eskom policies, governance and financial controls. These comply with the PFMA and Companies Act, or their equivalent legislation when foreign-registered, and follow good governance principles and practices.

While each subsidiary remains accountable to Eskom through a formal shareholder compact, Eskom is also developing a subsidiary governance framework in accordance with principle 2.24 of King III to facilitate the flow of information between the holding company and its subsidiary companies.