/ 4 August 2022

Eskom selling off its properties at ‘garbage sale’ prices

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No profit: Eskom allegedly lost money on its Kusile housing project (above). Eskom boss André de Ruyter (left) has said its property portfolio is worth R10-billion. (Paul Botes & Waldo Swiegers/Bloomberg/Getty Images)
The cash-strapped power utility is disposing of its land for low prices without the involvement of the treasury, sources say

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