Eskom debt hard hit

[Bloomberg]

Eskom debt hard hit

Eskom's bonds are some of the worst performing developing-nation debt so far this month amid concern Cyril Ramaphosa will be removed as president of South Africa.

 

[rvZA]

It is more hit with its inability to produce electricity and generate an income from it. That being said, Eskom is a collapsed concern. Ramaphosa and his crime plays no more than a 1% role in this.