South Africa still weighing impact of charging Eskom interest

South Africa is still assessing the effect of adding interest to a R254-billion debt relief package for state-owned Eskom Holdings as the company prepares to split into three, according to a National Treasury official. Treasury announced in last week’s budget that it would convert the loans in the deal announced in February from interest free to interest bearing — at a rate yet to be determined — to better reflect the cost of the arrangement.