Friday, 13 February 2026: In the State of the Nation Address (SONA) on Thursday 12 February 2026, President Cyril Ramaphosa directed that the establishment of a fully independent state-owned transmission (TSO) entity will have ownership and control of transmission assets and be responsible for operating the electricity market.
Eskom will fully support the task team that is being created to deliver the TSO.
About Eskom and Electricity – Electricity Generation Capacity: Approximately 48,000 MW.

Shy Warrior
Patrice Motsepe – Founder of ARM (African Rainbow Minerals): After a successful career as a lawyer at Bowman Gilfillan, in 1997, Motsepe launched a business of his own called ARM (African Rainbow Minerals). He turned it into one of the largest mining and mineral groups in the world. Since then, he has diversified into several other key sectors, including financial services. In 2008, Motsepe became a billionaire and the first black African on the Forbes list. In 2016, he invested in a USD1 billion fund as part of the Breakthrough Energy Coalition, launched by Bill Gates. He also launched a new private equity firm, African Rainbow Capital, which is focused on investing in Africa. In 2017, he was ranked as South Africa\’s fifth richest person, with a fortune exceeding R1.3 billion.