With little detail about Eskom’s debt plan expected, budget could disappoint

  • 📰 mailandguardian
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 92%

Loans Loans Headlines News

Loans Loans Latest News,Loans Loans Headlines

With little detail about Eskom’s debt plan expected, budget could disappoint - The utility’s R400 billion debt has fed into the country’s 15-year energy crisis and low growth potential, which has been identified as a key credit weakness

Support the journalism that helps you navigate your world Subscribe to the M&G today for just R30 for the first three months* to gain access to this story and all our best journalism, subscriber-only newsletters, events and a weekly cryptic crossword.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in LOANS

Loans Loans Latest News, Loans Loans Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Eskom debt albatross hangs over plans to stabilise budgetFinance minister Enoch Godongwana faces the task of incorporating a credible debt relief plan for the stricken state power utility in the national budget while stabilising government finances as record blackouts weigh on the economy.
Source: TimesLIVE - 🏆 28. / 59 Read more »

All eyes on Godongwana as Eskom debt grows to R422bn | The CitizenEskom has painted itself into a debt corner, and Finance Minister Enoch Godongwana is expected to announce a plan on Wednesday to restore its financial viability.💸💡 Full story here➡️
Source: TheCitizen_News - 🏆 6. / 75 Read more »

ECONOMIC WEEK AHEAD: Godongwana’s budget in the spotlightMarket apprehensive about possibility of large portion of Eskom’s debt being absorbed into sovereign balance sheet
Source: BDliveSA - 🏆 12. / 63 Read more »

More debt relief coming eskom’s way | City PressGovernment will help Eskom with its debt, but National Treasury may send its own experts to the electricity supplier’s power stations to find out what exactly is wrong. | City_Press City_Press Father Christmas comes to town not just once but a few more times, hopes until the next visit and again and again but the narrative of fixes would tire, but who'll tell the naive ones out here? The_Njoko City_Press GOOD. SEND PEOPLE. City_Press Here's something for nothing: 1. They don't collect accounts receivable. 2. They pay (far, far, far, far) too much on provisions and supplies. Period.
Source: News24 - 🏆 4. / 80 Read more »

All eyes on Godongwana as Eskom debt grows to R422bn
Source: Moneyweb - 🏆 5. / 77 Read more »