Eskom is not only South Africa's problem

[Hanno Labuschagne]

Eskom is not only South Africa's problem

South Africa’s struggling power utility must be fixed because energy security in the region largely depends on it, according to the African Development Bank.

Eskom Holdings SOC Ltd., which is buckling under R450 billion ($30 billion) of debt, is “too big to fail” because it powers Africa’s most-industrialized economy and much of the region, AfDB President Akinwumi Adesina said in an interview Sunday in Johannesburg.

[Bloomberg]

 

[konfab]

Eskom Holdings SOC Ltd., which is buckling under R450 billion ($30 billion) of debt, is “too big to fail” because it powers Africa’s most-industrialized economy and much of the region, AfDB President Akinwumi Adesina said in an interview Sunday in Johannesburg.

Eskom: Hold my beer

 

[Stevewarren]

So much demand and they stuffed it up. Wow. I wish I had so much demand for my product.

 

[Jopie Fourie]

Wa ha haha!!

Yeah threaten our neighbours too! Go get money there.

If Eskom is ever to be saved, one of the conditions should be a new government and the ANC standing down.