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Major ratings upgrade for Eskom

Thread starter BusinessTech
Start date Nov 27, 2024

BusinessTech

BusinessTech Newsfeed

Company Rep

Nov 27, 2024

#1

Major ratings upgrade for Eskom

S&P Global has given Eskom several ratings upgrades, with the group benefiting from a R254 billion bailout.

F

Former member 61586

Guest

Nov 27, 2024

#2

Rating upgrade for company that got free money and needs a 30%+ increase in tariffs. Senile homeless guy needs a job. Can he send CV to S&P?

Jet-Fighter7700

Honorary Master

Nov 27, 2024

#3

Bribes and bailouts work nicely it seems

S

Sideshow Bob

Honorary Master

Nov 27, 2024

#4

BusinessTech said:
Major ratings upgrade for Eskom

S&P Global has given Eskom several ratings upgrades, with the group benefiting from a R254 billion bailout.

Every SOE is success story as long as bailouts continue.

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