Africa's leading producer of electricity, Eskom Holdings SOC Ltd, is also a vertically integrated monopoly, owned by the South African state. This national champion was shaken in 2008, when it was obliged to introduce 'load shedding', or rolling blackouts, and again in late 2014. Since then,...

"Beginning in the 1960s, the security of electricity supply has shaped South Africa's economic growth and prosperity, and electricity shortages have negatively inflected the rise of its postapartheid democracy. Construction delays and escalating costs have thwarted the nation's mining,...

This paper studies the governance structure of state-owned enterprises in the water and electricity sectors of Latin America and the Caribbean. Through a unique dataset, the paper compares 44 leading state companies of the region based on an aggregate measure of corporate governance and six...