Well, this doesn’t look too clever. It’s reported that Eskom will be R7bn lighter this month, after its Chinese lenders raised their concerns. South Africa could be set for another round of drama from Eskom, as the ailing power utility has reportedly failed to receive R7 billion in loan payments initially set to come from..
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China is holding the ‘switch’ in it’s hand, doing business with them is dangerous, with another Eskom crisis, China withheld the R7bn loan, they already own one Eskom plant, Load-shedding highly possible
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Petrol is down, but Eskom address claims that load shedding is scheduled for Christmas
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No need to stick the turkey on the braai, everyone. Eskom spokesperson Khulu Phasiwe has confirmed the lights will stay on during Christmas.
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