News Leader
WATCH: A peek into embattled Eskom’s finances
31 January 2018 - 08:45
Struggling power utility Eskom published its delayed interim results on Tuesday, showing first-half profits were down 34% to R6bn due to a 1.9% decline in sales volumes and higher finance costs. While Eskom’s ability to continue as a going concern for the next 12-18 months has been emphasised, so too has its strained liquidity position. Eskom acting chief financial officer Calib Cassim talks to Business Day TV about the utility’s financial situation. OR LISTEN TO THE AUDIO:
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.