The utility’s Group Chief Executive, Phakamani Hadebe, said the multi-tranche loan facility will contribute to Eskom’s plans to strengthen and refurbish the transmission infrastructure.
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More borrowing, Eskom secures R1.5 billion loan from French Development Agency, they are so deep in trouble, how on earth will they pay it back?
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Has Ramaphosa sold South Africa’s soul to the highest bidder after loan agreements with China?
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President Cyril Ramaphosa has once again rejected suggestions that China is a new coloniser and that his government has sold South Africa to the country by signing loan agreements for state-owned enterprises (SOEs). “What we [government] are not in the habit of doing is handing over the assets of our country to any other country..
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