ANC Considers Export Tax, Pension Money in S. Africa Plan

ANC Considers Export Tax, Pension Money in S. Africa Plan

Nadine Hutton/Bloomberg

Electricity power lines and cooling towers are seen at Eskom Holdings Ltd.'s Kendal power station in Delmas, South Africa. Eskom, the state power utility, and Transnet SOC Ltd. are spending $72 billion over the next five years to ease an electricity shortage and improve railways, two of the biggest hurdles to investment in Africa’s largest economy.