https://newsletter.en.creamermedia.com
Financial
Financial
financial

CLIFF EDGE

3rd May 2019

By: Darlene Creamer

     

Font size: - +

News that Eskom was forced to lean on the National Treasury in April to avert an imminent liquidity crisis, arising from a delay in a loan disbursement from the China Development Bank, served to underline the precarious state of the group’s finances. The debt-laden State-owned utility is broke, notwithstanding ongoing fiscal support and several above-inflation tariff hikes over the past decade and a bit. The mini bail-out also highlighted the fact that there is simply no way for Eskom to trade itself out of its current financial difficulties. Restructuring is not only urgent, it’s inevitable.

Comments

 
 

Showroom

Weir
Weir

Weir is a global leader in mining technology. We recognise that our planet’s future depends on the transition to renewable energy, and that...

VISIT SHOWROOM 
Alco-Safe
Alco-Safe

Developed to exceed the latest EN 15964 standards for police breathalysers proving that it will remain accurate and reliable for many years to come.

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine round up | 13 December 2024
Magazine round up | 13 December 2024
13th December 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.254 0.346s - 180pq - 2rq
Subscribe Now