Eskom wants R100bn debt relief from state to keep lights on

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TOP STORY | Eskom wants R100bn debt relief from state to keep lights on

Source: Loan Digest (loandigest.net)

 

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Eskom wants the state to take on R100bn debtStruggling state-run power firm Eskom wants the government to take on R100 billion of its debt as part of a turnaround plan to shore up its balance sheet, Eskom chairperson Jabu Mabuza has said. KAK! I thought he was smarter than that What about us? They must give us discounts on electricity. It’s our tax.
Source: City_Press - 🏆 7. / 72 Read more »

Eskom wants state to take on R100bn debtEskom is to ask the government to take R100bn of its debt onto its own balance sheet as part of a package of measures to turn the troubled company around. It has been turned around a zillian times it is tired of the spinning. Either way the only ones getting screwed over is the consumer, AGAIN!! And the fat cats keep their fat cheques. That's Msansi for you. Alooter continua.
Source: SowetanLIVE - 🏆 13. / 63 Read more »

Eskom silent on 'R100bn request' to governmentThe struggling power utility wants this amount, to go on government’s balance sheet, as part of its turnaround strategy. Trying to convince the masses to turn their backs on Eskom so y'all can bring on IPPs. Great job. These people at Eskom knows what a billion Rand is,right? We don't want to wakeup when someone demand another billion Rand salary increase. 🙄 Is this state owned enterprise clean of corrupt leaders yet? It sounds like they're still there.
Source: eNCA - 🏆 49. / 51 Read more »

Eskom silent on 'R100bn request' to governmentThe struggling power utility wants this amount, to go on government’s balance sheet, as part of its turnaround strategy. Cadre deployment. You are a result of the decisions you make. South African voters are accomplices. But the Chinese gave them money. Eskom_SA what happened to the Chinese money myNSFAS you not joining the train?
Source: eNCA - 🏆 49. / 51 Read more »

'Eskom should not be repeating the same mistakes' Phasiwe - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Eskom spokesperson Khulu Phasiwe says the problems plaguing Eskom should be not happening, this as the power utility has implemented stage two of load-shedding on Monday. I eskom ukube bane competition ngabe ayikho yonke lento
Source: SABC News Online - 🏆 32. / 51 Read more »

SA needs to bail out Eskom, says former Eskom adviser RothschildEskom’s debt has ballooned from around R106 billion to more than R419 billion over the past decade, while electricity sales have fallen. Are you offering to fund it Mr Rothschild? Angling for more 'consulting' revenue? Where did the last bailout they advised on get us?
Source: ewnupdates - 🏆 30. / 53 Read more »

Eskom: Low probability of load shedding for SundayHowever, officials say if their generating performance declines they may have to implement power cuts. Can they loadshed the etolls
Source: ewnupdates - 🏆 30. / 53 Read more »

Zimbabwe churches intervene as opposition snub Mnangagwa talksZimbabwe's churches on Thursday sought to broker talks between the government and its opponents over a political and economic crisis they said had left the country 'angry and traumatised', after the main opposition snubbed a meeting with the president.
Source: SABC News Online - 🏆 32. / 51 Read more »

The co-founder of Fortnite is worth over R100bn | IOL Business ReportThe Chief Executive of Epic Games who is also the co-founder of Fortnite is now worth over R100 billion according to Business Insider South Africa.
Source: IOL - 🏆 46. / 51 Read more »

Eskom needs at least R200bn more from government – BusaIts current R100bn request ‘understates the severity of the problem’. CyrilRamaphosa Why not get the leadership of the affected union together for a workshop where they will be afforded the opportunity to develop strategies to turn our SOEs around?
Source: TheCitizen_News - 🏆 6. / 75 Read more »