Cabinet mulls further financial support for Eskom

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Cabinet mulls further financial support for Eskom
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Eskom was in February assured of financial help from the National Treasury to the tune of R23 billion a year for the coming ten years.

Cabinet this week discussed Eskom’s financial woes and is looking at ways of giving further support to the troubled power utility, according to a statement released on Friday.

It noted that electricity generation had been stable in the past week but that there had been a high number of unplanned outages.

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