Moody’s lifts Eskom outlook to positive for first time in 15 years

Moody’s Investors Service raised its outlook on Eskom’s debt ratings to positive for the first time since 2007 after Finance Minister Enoch Godongwana said that the government could take over a substantial portion of the power company’s debt. Moody’s boosted the outlook from negative, signaling that the next ratings action may now be an upgrade…...