Public enterprise minister Pravin Gordhan has assured the country that Eskom is not on the brink of financial collapse. Speaking to Talk Radio 702, Gordhan said that the government has the utility’s monetary problems under control. The comments come after reports last week that the state was forced to pay R5bn in emergency funds to Eskom so it could meet its obligations. National Treasury director-general Dondo Mogajane joined Business Day TV to discuss the government’s bailout of Eskom and what it means for the country’s finances.
Or listen to the full audio:..
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.