Budget Speech 2023: Government bails out Eskom, announces tax breaks for installing solar

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Godongwana announced a government takeover of a significant portion of Eskom's debt, as well as tax incentives for businesses and individuals investing in renewable energy.

Godongwana announced a government takeover of a significant portion of Eskom’s debt, as well as tax incentives for businesses and individuals investing in renewable energy.

 

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Eskom getting R254 billion government bailout to help end load-sheddingFinance minister Enoch Godongwana announced a debt-relief arrangement for Eskom during his 2023 Budget Speech. Absolute joke ! Bailout after bailout … this money will be burnt to keep generators on 🤣 Just to be looted by syndicates and mafia?
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Budget 2023 | Huge bailout for Eskom to come with strings attached | BusinessBudget2023 | The National Treasury will relieve Eskom of R254 billion of its debt over the next three years but has imposed far-reaching conditions, which include that it concession out some of its power stations to the private sector | News24_Business _Business And I'm wondering who will buy these power stations... And at what price? _Business There you go 😁 _Business That wasnt hard, we have been done again We saw it coming, we were nervous and now it done Brace yourself pips 😁
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