POWER UTILITY IN TROUBLE

The Eskom Board had taken office six weeks previously and had identified a number of critical issues that needed their attention: liquidity of the entity, governance of the entity, and releasing interim results.

Total debt had escalated from R 6 billion in March 2016 to R 9.4 billion in March 2017 and had increased to R13 billion by March 2018.

Defaulting municipalities Eskom briefing

Eskom presentation 6 March 2018

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