At the weekend, it emerged that the government rushed to make R5 billion available to the cash-strapped utility much earlier than expected.
JOHANNESBURG – The Public Enterprises Ministry and the Treasury say the financial and operational damage done to Eskom is huge but insist that things are under control and the utility is not on the brink of collapse.
Last month, Eskom was forced to turn to the government for an emergency bailout after failing to secure an R7 billion loan from the China Development Bank.
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