Debt-ridden South African power utility Eskom, according to Chief Executive, André de Ruyter, will sell 7,000 of its non-core properties – valued at nearly R10bn – over the next five years. Speaking to BizNews, De Ruyter said that the sale of the properties is in line with the Public Finance Management Act which promotes the objective of good financial management and maximisation of service delivery through effective and efficient use of limited resources. Among the properties thought to be available for sale are residential properties built for staff during construction of the Kusile and Medupi power stations as well as a number of vacant office buildings which could be converted into residential accommodation.