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eskom financial strug
Eskom's financial recovery: Treasury adjusts R70bn debt relief package
South Africa's state power utility Eskom is set to receive modified debt relief support, with Treasury announcing a simplified final phase worth R50bn spread across 2025-2029. Despite improved financial positioning, the utility faces ongoing challenges with municipal debt and lower-than-requested tariff increases.
Eskom's financial recovery: Treasury adjusts R70bn debt relief package
South Africa's state power utility Eskom is set to receive modified debt relief support, with Treasury announcing a simplified final phase worth R50bn spread across 2025-2029. Despite improved financial positioning, the utility faces ongoing challenges with municipal debt and lower-than-requested tariff increases
Ramokgopa warns Eskom's proposed tariff hikes could erode household income - says no to anything above 20%
The controversial tariff hike that has been proposed by Eskom will be opposed by government in its current form.