Finance Minister Enoch Godongwana offered no new insight in his maiden address to lawmakers into how government intended approaching the issue of Eskom’s R400-billion debt burden, which has been labelled unsustainable by the utility, and also refrained from making any new provisions for distressed State-owned enterprises (SOEs). Instead, he said that he would be adopting a “tough love” stance towards SOEs, albeit with the caveat that government would most likely support those entities regarded as “strategic”, such as Eskom, Transnet and Denel.
News
You are here: Home1 / News2 / Industry News3 / No immediate Eskom debt solution, as Minister outlines ‘tough love’ sta...
You might also like
INDUSTRY NEWS
- Scatec’s new sub-Saharan Africa head keen to advance 5GW project pipelineNovember 6, 2024 - 6:01 pm
- Africa well-positioned to play a key role in a future hydrogen economyNovember 5, 2024 - 3:06 pm
- TotalEnergies outlines likely energy transition scenarios, suggests more global cooperationNovember 5, 2024 - 3:06 pm
WHERE TO FIND US
Address
9 Yellow Street
Botshabelo Industrial Area
Botshabelo, Free State
Call / Email Us
Tel: +27 (0) 51 534 1651
Email: info@transfix.co.za