What is a market share of the supplier of electricity in South Africa
Answers
Answer:
Explanation:
In South Africa, Eskom is the leading and only supplier of electricity there. There is a monopoly on electricity by the firm Eskom, which refuses to break and hence leading to a crisis like situation in that country. Due to monopoly status they enjoy taking exorbitant price for electricity from common people and they dig the tax payers quite well. Hence there is also corruption loaded in this market chain and big political leaders influence the price distribution of that company. Thus it could be said that 100 % market share for electricity supply is on Eskom only.
Explanation:
In South Africa, the power sector is dominated by Eskom Holdings SOC Limited. Since there was a downfall in Eskom production of electricity and maintenance during the time period of 1980s, the Government planned to divide the power generation capacity between Eskom and independent power producers (IPP). 90% of the power consumed in South Africa is generated by ESKOM and the remainder is produced by IPPs and imported to different countries.