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Eskom wants the state to take on R100bn debtStruggling state-run power firm Eskom wants the government to take on R100 billion of its debt as part of a turnaround plan to shore up its balance sheet, Eskom chairperson Jabu Mabuza has said. KAK! I thought he was smarter than that What about us? They must give us discounts on electricity. It’s our tax.
Source: City_Press - 🏆 7. / 72 Read more »
Eskom wants state to take on R100bn debtEskom is to ask the government to take R100bn of its debt onto its own balance sheet as part of a package of measures to turn the troubled company around. It has been turned around a zillian times it is tired of the spinning. Either way the only ones getting screwed over is the consumer, AGAIN!! And the fat cats keep their fat cheques. That's Msansi for you. Alooter continua.
Source: SowetanLIVE - 🏆 13. / 63 Read more »
SA needs to bail out Eskom, says former Eskom adviser RothschildEskom’s debt has ballooned from around R106 billion to more than R419 billion over the past decade, while electricity sales have fallen. Are you offering to fund it Mr Rothschild? Angling for more 'consulting' revenue? Where did the last bailout they advised on get us?
Source: ewnupdates - 🏆 30. / 53 Read more »