Eskom will be required to sell off its noncore assets and make operational improvements if the government is going to assume part of its R400bn debt.

These are some of the provisional conditions under discussion for the debt takeover, Treasury head of asset and liability management Duncan Pieterse said in reply to questions from MPs who wanted to know what conditions would be attached to bailouts of state-owned enterprises (SOEs)...

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.

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

Speech Bubbles

Please read our Comment Policy before commenting.