Eskom weighs on SA’s credit rating
S&P to include two-thirds of utility’s debt in government figures
04 December 2022 - 07:18
S&P Global Ratings has forecast higher national debt for South Africa as the government plans to take over a portion of Eskom’s debt to rejuvenate the struggling power utility.
The agency would include two-thirds of Eskom’s debt in its government debt figures from next year, said Zahabia Gupta, an S&P associate director...
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