Picture: ISTOCK
Picture: ISTOCK

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.

Eskom acting chief financial officer Calib Cassim talks to Business Day TV about the utility’s financial situation

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