PIC disputes media reports that it will bail out Eskom - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

Theemployee pension funds that the Unemployment Insurance Fund, and the Compensation Commissioners’ Fund.

The corporation says should it receive a proposal to further invest in Eskom, it will follow its governance process as outlined in the investment mandate to make a decision. It says it is ready to engage with various stakeholders to find a suitable and sustainable solution for the risk that Eskom poses.

Good call a relief to the working class

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Eskom says no load shedding scheduled for Wednesday - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Eskom says it will not be implementing load shedding on Wednesday as the situation on the power grid has improved and several power units have been returned to the grid via SABCNewsOnline Just before SONA 😂👏🏿👏🏿 This is to good to be true a day before SONA and from Friday we might expect load sheddings again
Source: SABC News Online - 🏆 32. / 51 Read more »