Budget 2023 | Govt to provide Eskom R254bn in debt relief

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The power utility will receive R168 billion in capital and R86 billion in interest over the next three years.

The announcement was made by Finance Minister Enoch Godongwana during the 2023 Budget Speech.Eskom's debt stands at R423 billion.

 

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They have been in debt relief how long now ? And where does this endless amount of Billions come from? 1st world countries they beg for hand outs from? And or the tax payers? Nothing gets fixed or maintained no growth to meet demands? Personal bank for the treasonous

At this point as a tax paying citizen in this country IDC about anything said by anyone, PRIVATISE THIS NONSENSE!!!! “This is what they want(ed)?” The Queen Bonang said it a long while ago: GIVE THE PEOPLE WHAT THEY WANT. I’m so tired of Eskom_SA

o fuk with so plenty money year came stage 8 money gone in 2 days shit we must run to petrol stasions and make sure we got petrok for genny as long as the money can hold

Do those in power even understand that throwing money at Eskom won't help If anything, this will just deepen the rabbit hole. 'Insanity is doing the same thing over and over and expecting different results.' -Einstein or something

It will be eaten once again kuyafana bazoyithi eat 😂😂

Were is the Goverment getting ghe fucking money SouthAfrica is bankrupt?

What changed?been suffering all along but now you have money to relief Eskom?kgona into e off🤞

When it gets to Eskom,60-80% of it will disappear to mismanagement with no accountability.

And the next time they want an increase on the salary 🤭😱😡

Haike

Oh WOW! This will disappear just like electricity in South Africa

I bet the money has gone already

These clowns are going to imprison every man woman and child to endless debt for generations, which is money they are stealing who do you think is paying for these billions, like it's monopoly money?

And debt relief for taxpayers?

eskomsalaryshedding , the highest paid sector in the country and they cannot fix a thing or keep it running let try this: stage 2,3,4 30% salary cut. stage 5,6,7 40% salary cut. Stage 8 upwards 55% salary cut see how quickly they fix this problem! Then governmentsalaryshedding

Will it help though?

A large amount on funds into the trough, so the ministers can feed on it before loosing the elections

😱

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