Eskom considers sale of mortgage business

South Africa’s state power utility Eskom is sounding out possible buyers for its mortgage business, a tender document showed on Wednesday, in what would be the first major privatisation deal under President Cyril Ramaphosa. Ramaphosa has made revamping state-owned firms like Eskom a top priority as he seeks to reverse years of economic stagnation and mismanagement under his predecessor Jacob Zuma.