Putting Eskom’s debt on the government balance sheet could lead to another credit downgrade and disastrous budget austerity

  • 📰 dailymaverick
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 84%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

: Putting Eskom’s debt on the government balance sheet could lead to another credit downgrade and disastrous budget austerity By Dick Forslund

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Putting Eskom’s debt on the government balance sheet...In danger of being overlooked by the Eskom catastrophe is the crisis confronting the Public Investment Corporation. Until load shedding started, it was the PIC and its finances that occupied news pages. The PIC’s crisis, however, is not financial. It is political and moral. The struggle again...
Source: dailymaverick - 🏆 3. / 84 Read more »

[LIVE BLOG] 'Government not taking on Eskom’s debt' - Mboweni delivers Budget speech 2019EWN - South African news: access breaking news alerts, sport, business, entertainment, opinion, multimedia and cartoons. Eyewitness News – INSIDE THE TRUTH
Source: ewnupdates - 🏆 30. / 53 Read more »

Will budget balance debt reduction with growth incentives?Treasury’s foot-dragging in providing tax breaks and other vital incentives is not doing the government’s investment drive any favours
Source: BDliveSA - 🏆 12. / 63 Read more »

Government to bail out Eskom without taking on debtsFurther financial support to Eskom would depend on economic growth, electricity tariffs and the implementation of the company's strategy. Just bail out after bail out. Money that could've been spent on Higher Education or improving the Police Service
Source: eNCA - 🏆 49. / 51 Read more »

Government to bail out Eskom without taking on debtsFurther financial support to Eskom would depend on economic growth, electricity tariffs and the implementation of the company's strategy.
Source: eNCA - 🏆 49. / 51 Read more »