Browsing: Peter Attard Montalto
Government has spent months mostly talking about how to save the debt-stricken state power utility Eskom, spur economic growth and get its shaky finances back on track. Financial realities may force an end to the dithering.
South Africa will ramp up support for its ailing state-owned power utility Eskom with an additional R59-billion spread over two years.
Eskom expects to report a loss of more than R15-billion in the year to 31 March, a record for any state-owned company.