Eskom exempt from reporting irregular spending to protect credit rating
The South African government has granted Eskom, the struggling power utility, a two-year exemption from reporting irregular spending. The decision was announced in a government gazette on 31 March 2023, in an attempt to safeguard the company’s credit rating. Also read: The City’s draft budget commits R2.3 billion to mitigate loadshedding In a letter addressed to Eskom’s chairperson, Mpho Makwana, … Continue reading Eskom exempt from reporting irregular spending to protect credit rating
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