Treasury wants Eskom to return to the capital markets, and soon
Dondo Mogajane says providing Eskom with R59bn over the next two years gives certainty to lenders and allows it to re-enter capital markets
24 July 2019 - 12:57
The commitment by the government to provide Eskom with R59bn over the next two years will provide certainty to lenders and allow the cash-strapped utility to re-enter the capital markets, Treasury director-general Dondo Mogajane said on Wednesday.
“We want Eskom to urgently get back into the markets,” Mogajane said in an interview after a briefing to the National Council of Provinces (NCOP) select committee on appropriations on the appropriations bill...
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