NewsbreakNewsbreak

#PODCAST Energy expert Chris Yelland says government's decision to absorb a portion of Eskom's massive debt was a "long time coming" #sabcnews

View descriptionShare

By Newsbreak Producer Taresh Harreeparshad - Stabilising Eskom's debt was a long time coming. That's the reaction from energy expert Chris Yellend. Yesterday Finance Minister Enoch Godongwana announced that the power utility would be given 254 billion rand for it's total debt of R422 billion. This will push government debt to 73.6 percent of GDP in 2025/26. But Yellend adds that this bailout will not assist Eskom to generate new electricity capacity...

  • Facebook
  • X (Twitter)
  • WhatsApp
  • Email
  • Download

In 1 playlist(s)

Newsbreak

Award-winning Current Affairs programme and News talk show bringing you topical news issues of the w 
Social links
Recent clips
Browse 22,324 clip(s)