Browsing: Calib Cassim

South Africa’s indebted power utility Eskom was already searching for a CEO and an executive to lead a turnaround of the company. It will now have to cast its net even wider to include a treasurer.

Eskom bought itself some financial breathing room after signing a R20bn short-term credit facility with a group of banks. The power utility needed the liquidity to see it through to the financial year that starts