R1.5bn loan will not be for new power stations, says cash-strapped Eskom | IOL News

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Eskom says a R1.5 billion loan agreement signed with the French Development Agency will not have a significant impact on improving its power struggles.

 

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mpdjhb not to mention the year end bonus payouts and payouts in lieu of cancelled leave...

Of course not. It barely covers a few days interest on 460bn debt

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Eskom gets R1.5bn French loan to help strengthen power gridEskom and Agence Française de Développement have signed a R1.5bn loan agreement to support the electricity utility's investments in its power transmission grid. Fin24 Like we not in any more debt, and I just wonder what is France getting out of this. Fin24 bebefuna lonti kakade Fin24 I'd trust nuclear power deals with France way more than Russia(Chernobyl) or China (The animal cruelty) and baby genocide. (Baby girl's drowned at birth with the 1 child policy).
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Eskom receives R1.5 billion loan from French Agency - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Eskom has received a R1.5 billion loan injection from the French Development Agency to support the power utility’s transmission efforts. Where is the money that Saudi Arabia invested in Eskom on the 12/07/18? The whole $10billion and yet eskom still goes for more loans? Jooh!!! I know this will help.. but it's not enough our government must go out a get more money
Source: SABC News Online - 🏆 32. / 51 Read more »

FDA loan won't significantly improve power struggles: Eskom - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Eskom says the R1,5 billion loan agreement it has signed with the French Development Agency will not significantly improve its power struggles. Money cant fix bad planning.....Scary when they 'plan' to fail😥 a lie to loot FDA loan seems the Saxonwold shebeen gangsters remnants still exist Eskom
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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?
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State pension fund tries to get R1 billion independent loan repaidThe Government Employees Pension Fund (GEPF) is investigating ways of getting the R1 billion loan it made to Independent Media and related entities repaid. JustinBrownSA Hahahahahaha. So public outcry denied Sticky ball a free pass? What about the rest of the hundreds of billions of rands worth of defaulting 'black industrialists'. Show us the books please.
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