It is a matter of grave concern for the business sector that Eskom has reported R20.7bn net loss after tax and is struggling to service debt of more than R400bn. This dire situation cannot be solved by the government and Eskom alone. The private sector, particularly coal suppliers, should make a contribution.

As things stand, more bailouts will be required to keep the company running and powering our homes and industry. The concern is three-fold.

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 exclusive Financial Times articles, 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