SA government to take over part of Eskom’s multi-billion-dollar debt

South Africa’s treasury vowed on Wednesday to swallow more than half of Eskom’s multi-billion-dollar debt to ensure the power utility remains afloat and curb the energy crisis that has put a break on growth. Finance Minister Enoch Godongwana announced in a mini budget statement that the government will be giving Eskom R225 billion towards their debt for the period 2019 … Continue reading SA government to take over part of Eskom’s multi-billion-dollar debt