Unlike SAA, embattled Eskom can forget about counting on Finance Minister Malusi Gigaba to provide a shot in the arm as the power utility searches for funds to meet its commitments this month. A frustrated Gigaba told Business Times this week he would not open state coffers. "There is absolutely no way that government is going to have $1-billion (about R12.2-billion) in the immediate term to capitalise Eskom. There is not a cent that is going to come out of government to capitalise Eskom," he said. The government has already provided guarantees for Eskom of R350-billion. He said Eskom required $1-billion "just in January alone" and that problems at Eskom gave him "sleepless nights". "You have a sense of a company, a board, that is oblivious to the issues the country is raising, completely oblivious. It's as if they live in a different world. "They are unable to resolve the immediate funding challenges of the company and obviously what they are doing is to wreck the company with the ...

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