South Africa’s deepening energy crisis looks set to persist for at least two more years, with operational problems at Eskom showing no signs of abating.
Author: Paul Burkhardt
After years of wrangling, South Africa appears no closer to finalising a plan to cut Eskom’s R402-billion of debt to more sustainable levels.
Pacific Investment Management Co has agreed to lend a South African state development bank R3-billion, the first deal in a United Nations programme to fund green energy in Africa.