Eskom’s troubles laid bare

If it were any other business, it would probably be liquidated and sold for scrap provided there was anything left to salvage.

Returns on inputs measure how efficiently a firm is functioning and the relationship between debts and assets illustrates how well a firm is managing its debt.The net profit margin is indicative of how well a firm generates a return on its production inputs after accounting for after the fact expenses such as taxes.

A negative ROI means Eskom’s assets are either useless in and of themselves , or that upper management at Megawatt Park are unable to generate a profit from its assets.Equity is the amount of money that owners of a firm would get back if the firm were to be liquidated and all of its assets were sold off to pay off its total outstanding debt .The ROE was -13.54% for the 2018/19 financial year, down from -1.37% in the previous financial year.

Why do they not build their own grid, currently we are having issues with these IPPs

They will blame all this on the white CEO. Whatch this space.

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

QwaQwa mom blames municipality for child's drowning while collecting river water“My life will never be the same. I’m hurting and I don’t know what to do or say. There was no need for them to die. I blame the municipality. They should have provided us with water.” It's sad because you will still vote for the people who hurt you. It reminds me of Andres Tatanes wife campaigning for the government that killed her husband
Source: SowetanLIVE - 🏆 13. / 63 Read more »

Former Eskom board chair details Gupta interference at Eskom | IOL NewsThe Zondo commission has heard how former Eskom board chairperson Zola Tsotsi had faced pressure from former minister Lynne ... Hai no mahn. He can't even identify them. He been bought this one
Source: IOL - 🏆 46. / 51 Read more »

LIVE FEED: State Capture Inquiry January 23, 2019 | IOL NewsFormer Eskom board chairperson Zola Tsotsi will appear before the Zondo commission on Thursday morning.
Source: IOL - 🏆 46. / 51 Read more »

Funeral plans under way for student who fell from N3 bridge | The MercuryThe funeral service for a 19-year-old woman who allegedly fell over a bridge along Durban's N3, is scheduled to take place this weekend. TheMercurySA TheMercurySA Will Julius_S_Malema visit this family as well?... Noo, he won't get any publicity!
Source: IOL - 🏆 46. / 51 Read more »

Gigaba ‘said no to white Eskom CEO’ | IOL NewsFormer Eskom board chairperson Zola Tsotsi has lifted the lid on how former Public Enterprises minister Malusi Gigaba allegedly chastised him for appointing an executive at Eskom as acting chief executive Glad to see the ANC is also capable of 'fronting'!
Source: IOL - 🏆 46. / 51 Read more »

Lesufi to lay charges against Parktown Boys' High SchoolEnoch Mpianzi died during an orientation camp in North West last week. Yeah and what about your department? They are as much to blame here. Are you going to lay charges against yourself? Just close the school once! About time ! What was the wait for ?
Source: eNCA - 🏆 49. / 51 Read more »