EXCLUSIVE | Treasury working on a credible solution for Eskom's R400bn debt burden | Fin24 - News24
7/3/2022 12:00:00 AM3 years 8 months ago
by Carol Paton
by Carol Paton
Eskom has R400 billion of debt which it cannot service, and to add capacity to the grid it needs the headroom to borrow. For the first time, National Treasury is exploring how a balance sheet restructuring of Eskom could be done
The National Treasury is working on a solution to restructure Eskom's R400 billion debt burden, which it hopes to put to the Cabinet ministers' committee on the budget by October. The problem of wh… [+738 chars]
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