EDI Holding is fully-owned by the state. It was established in 2003 to restructure the electricity distribution industry in South Africa. The main object of the company is to restructure the electricity distribution industry and invest into financially viable independent Regional Electricity Distributors (REDs) in the country, in accordance with national government policy so as to ensure a more effective and efficient electricity distribution industry capable of providing affordable and accessible electricity to consumers. As at 2008, the revenue of the company stood at R42 billion, with 9.2 million customers, and a staff complement of 31 000. The presentation included the introduction of the company's Board of Directors, as well as its Executive Committee.