Eskom Holdings, South Africa’s indebted power utility, is considering selling distribution assets as prospects of the government taking over about half of its R392-billion obligations dim, people with knowledge of the matter said. State-owned Eskom, which supplies almost all of South Africa’s power, has said that it needs to cut its borrowings to about 200 billion rand to be sustainable, and the idea of the government taking a chunk of the debt has been discussed for several years.
News
You are here: Home1 / News2 / Industry News3 / Eskom considers selling assets as bailout prospects fade
You might also like
INDUSTRY NEWS
- TIPS launches Just Transition Labour Centre to research, voice the needs of the working classMay 14, 2025 - 5:04 pm
- Ramokgopa reaffirms Nedlac deliberations on IRP to be ‘last step’ before Cabinet approvalMay 14, 2025 - 1:04 pm
- Outage slippages blamed for sixth bout of loadshedding of 2025May 14, 2025 - 12:00 pm
WHERE TO FIND US
Address
9 Yellow Street
Botshabelo Industrial Area
Botshabelo, Free State
Call / Email Us
Tel: +27 (0) 61 956 6772
Email: info@transfix.co.za