Even as Covid-19-related national shutdown is slashing its revenue
Debt-stricken power company Eskom told investors it does not need to approach the government for more support, even as a Covid-19-related national shutdown slashes revenue.
About 40% of the remaining funding required has been committed by development finance institutions; the balance will come in the form of structured products from banks, export-credit agencies and the sale of domestic bonds, the people said. They asked not to be identified as the call wasn’t open to the media.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Covid-19 affects the poor more than others, and even more so in SAIn the US and the UK, people of colour have less wealth and, so, access to healthcare; imagine how much worse it is for SA’s poorest, write Kevin Allan and Karen Heese
Read more »
Covid-19 affects the poor more than others, and even more so in SAIn the US and the UK, people of colour have less wealth and, so, access to healthcare; imagine how much worse it is for SA’s poorest, write Kevin Allan and Karen Heese
Read more »
Eskom confirms fire at Majuba power plant, but says it was quickly put outA fire broke out at the Majuba power station in Mpumalanga but was quickly extinguished, Eskom said on Friday evening.
Read more »
BREAKING NEWS: SA’s lockdown extended for two more weeksBREAKING NEWS: SA’s lockdown extended for two more weeks Covid19inSA CoronavirusInSA
Read more »
Eskom confirms fire at Majuba power plant, but says it was quickly put outA fire broke out at the Majuba power station in Mpumalanga but was quickly extinguished, Eskom said on Friday evening.
Read more »
Wear cloth face masks in public, urges health minister Zweli MkhizeUntil now the government and the National Institute of Communicable Diseases have said people without symptoms do not need to wear masks
Read more »