Mail & Guardian
Mail & Guardian
absa corporate and investment bankinglatest news & developments
Since Finance Minister Enoch Godongwana announced last year that the government would relieve Eskom of a large portion of its debt, markets have been on the edge of their seats waiting for more detail. (Getty)
ABSA CORPORATE AND INVESTMENT BANKING

With little detail about Eskom’s debt plan expected, budget could disappoint

The utility’s R400 billion debt has fed into the country’s 15-year energy crisis and low growth potential, which has been identified as a key credit weakness

  • Sarah Smit
7 min read