South Africa brings forward Eskom bailout to avert default

Johannesburg — South Africa’s government has had to bring forward the bailout of state power firm Eskom, after it rushed 5 billion rand ($355 million) to the struggling utility earlier this month to avert a default and said more cash could be needed soon. Eskom supplies more than 90 percent of electricity in Africa’s most […] More »
South Africa brings forward Eskom bailout to avert default South Africa brings forward Eskom bailout to avert default Reviewed by Crude Oil Facilitators on 13:14 Rating: 5

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