South Africa power map

South African government takes on Eskom’s debts in latest rescue plan for power utility

In depth
Issue 472 - 13 Nov 2022 - By Jon Marks , Tonderayi Mukeredzi | 8 minute read

Ratings agency Moody’s gave a positive response after the government said it would assume up to two-thirds of troubled Eskom’s debts, but several bailouts have failed in the past and there are doubts about the latest plan’s likelihood of success in meeting the ultimate goal of creating a sustainable utility.

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