Source: Loan Digest (loandigest.net)
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BREAKING NEWS: Eskom secures R15bn loan facilityThe struggling power utility has a debt burden of R419bn From where, So Eskom is taking more debt to survive? Hmm.....I don't think this loan will solve the challenges facing this company in a longer-term though........ So simply more debt ? More debt to be serviced and never to be repaid ?
Source: BDliveSA - 🏆 12. / 63 Read more »
JUST IN: Eskom secures R15bn loanEskom has secured a R15bn credit facility from local and international banks. More debt. Smart This Eskom is a cancer. From who ? And with what conditions
Source: News24 - 🏆 4. / 80 Read more »
Eskom: Breaking up is hard to do, but it may be necessary - expertsRestructuring Eskom's supply chain could be the way to go, experts at a recent panel discussion have said.
Source: News24 - 🏆 4. / 80 Read more »
Investors shave R15bn off Shoprite after dire reportShares slump to biggest one-day drop since 1999 Good buy currently
Source: BDliveSA - 🏆 12. / 63 Read more »
How the government could fix distressed power utility EskomThe state will announce within a month how it plans to fix Eskom, which supplies more than 90% of the nation’s power. There are no easy remedies. Fin24 Very easy, OLX sale it Fin24 haha - or, just increase costs to the public - that's their normal idiotic style Fin24 Maybe just put the right ppl in charge.....
Source: News24 - 🏆 4. / 80 Read more »
Eskom's proposed price hikes could leave SA with just one gold mineSA’s gold industry will be destroyed if Eskom gets the green light for annual increases of 15% over the next three years, says the Minerals Council SA. Lesufi EFF can someone now fight for the millions is south Africans being forced to pay Eskom hikes when the big crooks stole and wasted money
Source: TimesLIVE - 🏆 28. / 59 Read more »
Call for Eskom to go business rescue route | IOL Business ReportAnchor Capital investment officer says controlled default of the utility's debts is an appropriate tool for restructure.
Source: IOL - 🏆 46. / 51 Read more »
South Africans can't be forced to pay for corruption at EskomThe proposed increases cannot be deemed to be reasonable, and should under no circumstances be approved by Nersa, writes Herman Mashaba. HermanMashaba So...? How do u suggest we keep the lights on in the meantime? HermanMashaba haha we are already paying HermanMashaba Too late
Source: News24 - 🏆 4. / 80 Read more »
POLITICAL WEEK AHEAD: Eskom to dominate cabinet lekgotlaDiscussions to centre on the SA economy, including plan to create jobs GenMQ South Africa's EnergyFuture is a young persons game. - we know the internet was NOT built by old dinosaurs, and neither will the InternetOfEnergy So what will the ESKOM of the future look like ? See :- .NERSA_ZA Energy_ZA Eskom_SA KhuluPhasiwe
Source: BDliveSA - 🏆 12. / 63 Read more »
South Africa to debate whether to split Eskom - GordhanEskom is vital to the health of the South African economy as it supplies more than 90% of its power, but it is drowning in debt after a decade of steep financial decline. Well if it means those remain state owned entities, and less reliant on bailouts... then why not? SA has to break up monopolies that have held the country hostage for 25yrs. Move with the times & change the business model. Create smaller businesses that will create more jobs. Time for a mindset change in SA.
Source: ewnupdates - 🏆 30. / 53 Read more »