Nature of business, major products and services
The operating structure for the year ended 31 March 2011 was:
Eskom’s legal structure for the year ended 31 March 2011 is:
 
1. Only includes major subsidiaries.

 

Eskom’s developmental role

Providing reliable and affordable electricity is not only a commercial undertaking – it is also critical to the hopes and dreams of South Africa. Government introduced its new growth path in October 2010, outlining its strategic and economic objectives for the next decade. As a state-owned enterprise, Eskom plays a central developmental role: as an enabler of government’s vision and as a supporter of economic growth in South Africa.

Furthermore, South Africa’s growing international stature and its rising participation in various global forums must be supported by a sound domestic economy.

In December 2010, Eskom’s chief executive, Brian Dames, was appointed to the executive committee of the World Business Council for Sustainable Development. This is important not only for South Africa’s own economic prosperity but also for Africa as a continent and southern Africa in particular. For example, the invitation for South Africa to join the BRIC countries (Brazil, Russia, India, China) from April 2011 puts additional responsibilities on South Africa to meet both global and African developmental objectives – and consequently on energy supply.

Support for governmental priorities

  • Improving education: Eskom will train 5 000 per annum and provide apprenticeships to 10 000 young people by 2015
  • Improving healthcare: Eskom is rolling out HIV/Aids initiatives and providing effective psycho-social support
  • Creating decent work: Eskom will provide 100 000 employment opportunities by 2015 and secure 50% local content in the capacity expansion programme
  • Fighting crime and corruption: Eskom has introduced anti-fraud and anti-corruption initiatives and the assurance and forensic team is proactively involved in major projects
  • Rural development and land reform: Eskom electrifies rural areas and is investing R24 billion to reduce the backlog by 984 000 connections until 2016/17.