ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan and …
Read More »Eskom mulls moving debt to state
Bloomberg Eskom Holdings SOC Ltd, the cash-strapped South African power utility, wants the government to take on about 100 billion rand ($7.2 billion) of its debt as part of a rescue plan that will enable it to continue operating. The company’s executives outlined the proposal to move the debt onto the government’s balance sheet to bond investors in London this …
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