Eskom receives multi-billion rand loan

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The loan facility is from a consortium of local and international banks.

 

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Another blame out for the Roth

Ofcourse they did, while the taxpayers get to pay it back!

More for their top management to steal😠

More 1Mil bonuses to be paid More new corruption will take place More fancy party's

Money for the board members pockets. Review their expenses and allowances.

From the East?🤔I guess 🤔🤔🤔

How are they to pay back all these loans?

AGAIN

Who is going to repay the loan?

From who👀

It's already gone. Get ready for another loan.

This is how Eskom treats us. 😏

How is this one going to be paid back? Who in their right mind would loan a failing entity R15 billion?

BMW must be thrilled! They going to get quite a few sales next week from Eskom executives...

Whose going to pay it back.

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South Africa to debate whether to split Eskom - GordhanEskom is vital to the health of the South African economy as it supplies more than 90% of its power, but it is drowning in debt after a decade of steep financial decline. Well if it means those remain state owned entities, and less reliant on bailouts... then why not? SA has to break up monopolies that have held the country hostage for 25yrs. Move with the times & change the business model. Create smaller businesses that will create more jobs. Time for a mindset change in SA.
Source: ewnupdates - 🏆 30. / 53 Read more »