Eskom debt climbed to R488bn at year end
Eskom is stuck in a classic debt trap in which it must borrow to repay debt, with the debt service costs including a capital payment of R31.5bn
02 September 2020 - 14:49
Eskom’s debt stood at R488bn at the end of March, an increase from R440bn at the 2019 year end, pre-audit figures presented to parliament showed on Wednesday.
A draft of a cash-flow statement was presented to the standing committee on appropriations on Wednesday...
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