Archive for February, 2018

Igniting Eskom Generation: Turning the deadweight into economic fuel

Eskom’s current debt is R350-billion, and it needs to raise a further R150-billion over the next three to four years. This is almost certainly impossible, even with a government guarantee. It would appear that Eskom cannot stay afloat without a gargantuan bailout by the South African government. NERSA’s low electricity price increase announced in December […]