State of Disaster has little justification without the financial discipline needed to fix SA’s electricity crisis

Eskom’s financial reports from December 2022, read by candlelight as they may have been, paint a picture that may surprise. The embattled utility has been able to bring its debt burden down to about R400-billion, from a peak well over R500-billion in 2020. It has trimmed its other liabilities enough to bring its losses down…...

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