Eskom debt albatross hangs over plans to stabilise budget
Finance minister Enoch Godongwana faces the task of incorporating a credible debt relief plan for the stricken state power utility in the national budget while stabilising government finances as record blackouts weigh on the economy. The minister said in October the state will absorb between one- and two-thirds of Eskom’s liabilities of about R400bn. The amount and some of the transfer terms are likely to be announced in his budget […]
