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Wire · regulatory

Minister's private home raided, and deadline set for end of a 103-year monopoly in South Africa

Published

23 September 2026

Topic

regulatory

◆ Sectors

Climate Tech

◆ Geography

South Africa

◆ Source

Read at businesstech.co.za →

◆ Verified

Fusion42 · 23 September 2026 · Fusion42 review

South Africa's Department of Electricity and Energy announced that from April 2027, new participants will join Eskom, officially ending its 103-year monopoly on the power market. Additionally, police raided Minister Senzo Mchunu's private residence as part of an ongoing investigation.

This Wire brief sits within Fusion42's coverage of Climate Tech.

◆ ◆ The Wire takeaway

The long-closed door to South Africa’s power market is opening this April 2027. If you build energy supply or services, new rivals to Eskom mean your chance to sell into a newly competitive market is real and immediate.

◆ Coverage

1 source · 23 Sep 2026

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◆ Topics

Climate Techenergy-reformelectricity-monopolypower-marketsouth-africagovernment-investigation