Eskom bailout begins

[Bloomberg]

Eskom bailout begins

Eskom received R16 billion of a R254 billion debt-relief package from the South African government on Tuesday.

 

[Jam Sandwich]

Good news indeed....i know the money will be well spent and we can rest assured things are going to be fine soon. Hang in there...

 

[porchrat]

 

[rvZA]

Cut down on some grants and give Eskom more money. R16bn will not work, as we saw in the past.

 

[gogga_]

Eskom bailout begins

Eskom received R16 billion of a R254 billion debt-relief package from the South African government on Tuesday.

Filthy ANC cadres rubbing their hands together in glee. More money to steal.

 

[Dimpie (JIGSAW)]

At least they can buy a handful of brooms now

 

[Quicks]

No bailout has ever worked for any SOE's. Cut out the rot first, with the ANC there might just be too much rot and the only way is to put it out of its misery.