Privatization of Eskom can have mixed effects on consumers. Benefits include increased efficiency and competition, while drawbacks may lead to higher prices and reduced service quality.
Privatization of Eskom: Privatization of Eskom, the South African electricity public utility, can have mixed effects on consumers. Benefits: Privatization may lead to increased efficiency, innovation, and competition, potentially resulting in better services and lower costs for consumers. Drawbacks: However, privatization could also result in profit-driven motives, leading to higher prices, reduced service quality, and limited access for certain consumer groups.
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