South Africa’s plan to split power utility Eskom Holdings SOC Ltd. into separate units could weaken the state-owned electricity utility’s risk profile because its transmission unit accounts for a major share of its earnings, according to a bondholder and a ratings agency.
Source: [Bloomberg Markets](https://www.bloomberg.com/news/articles/2026-06-10/south-africa-s-eskom-spinoff-plan-raises-credit-profile-concerns)