What Treasury wants from Eskom in exchange for debt relief
Debt takeover conditions would include sale of noncore assets and dealing with moral hazard
27 October 2022 - 19:04
UPDATED 27 October 2022 - 22:50
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)...
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