Much has happened since President Cyril Ramaphosa first announced his plan for the unbundling of Eskom in his state of the nation address (https://webmail.timesmedia.co.za/owa/redir.aspx?REF=-m0hxHOGp4_intAZqwMip3X77I6v8WFneDm9rB8Ey10lqCfLXPnWCAFodHRwczovL3d3dy5nb3YuemEvc3BlZWNoZXMvcHJlc2lkZW50LWN5cmlsLXJhbWFwaG9zYS0yMDE5LXN0YXRlLW5hdGlvbi1hZGRyZXNzLTctZmViLTIwMTktMDAwMA..) (Sona) on February 7.

The utility’s debt and financial viability turned out to be worse than expected, as Eskom has limped on with only enough in its coffers to cover a few months’ operational costs.  ..

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