"From where I sit, the utility does not require any further cash injection," Godongwana said in an interview at the International Monetary Fund’s Spring Meetings in Washington on Friday.
The plan, which enables the utility to undertake critical maintenance needed to secure electricity supply, hinges on it meeting pre-determined performance targets that are meant to wean Eskom off its reliance on public finances. Straying from that strategy would test the credibility of South Africa’s fiscal framework and budget processes in a country with a full house of junk credit ratings.
_Business ITS GETTING RIDICULOUS THEY JUST WANT TO FILL THEIR POCKETS AND FUCK THE REST JUST SUFFER WITH STAGE 6 SOME PLACES STAGE10 WTF
_Business MYANC is a failed state. We need to move to early elections now Our_DA BuildOneSA Action4SA
_Business SA cannot control it's debt, when the commodity cycle dries up, revenue collection well flatline and primary deficit will widen once again.
_Business Perhaps that's because cadres want to rather have private public partnerships that look to generate additional electricity for the grid. It's. These very partnerships that allow for extraction of funds for the cadres.
South Africa South Africa Latest News, South Africa South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: mybroadband - 🏆 11. / 67 Read more »