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Cabinet to consider plan to tackle municipal debt to Eskom

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The cash-strapped utility is owed more than R14bn by municipalities, with the top 10 nonpayers owing about R10bn

 

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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 »