Godongwana announces R254bn Eskom debt-relief package, with terms and conditions

Engineering News editor Terence Creamer gives an overview of the 2023 Budget delivered by Finance Minister Enoch Godongwana, including the announcement of a R254-billion Eskom debt-relief package and the conditions that apply to that package; the assumption that it would only work in tandem with tariff hikes and the user-pays principle being honoured; and the announcement of renewables tax incentives and loan support for small firms.