The relief to Eskom’s balance sheet when the government takes over a large chunk of its R400bn debt will mark another major step forward in our struggle to stabilise SA’s energy supply, but it will provide relief only in the short to medium term.

The amount will be confirmed in the medium-term budget policy statement this week but is expected to be about R200bn. This will allow space for Eskom to take on cheaper climate financing to unlock the just energy transition...

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