×

We've got news for you.

Register on BusinessLIVE at no cost to receive newsletters, read exclusive articles & more.
Register now

The government has restated its commitment to stabilising Eskom saying the cash-strapped power utility is a strategic asset that must be brought back to operational and financial stability.

The resolution of the ongoing Eskom crisis and stabilisation of energy supply is critical to inclusive economic growth, employment creation and poverty reduction. With gross debt of R500bn, global sovereign credit agencies have characterised Eskom as the single biggest risk to the economy. It is among several state-owned enterprises (SOEs) hollowed out by years of corruption linked to state capture, estimated to have cost SA R500bn...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now

Would you like to comment on this article?
Register (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.

Commenting is subject to our house rules.