Eskom asks govt for more money as debt climbs beyond R450bn  EWN

The power utility's debt is reaching levels beyond R450 billion and Mabuza was in Parliament on Tuesday asking government for more money.

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The power utility’s debt is reaching levels beyond R450 billion and Mabuza was in Parliament on Tuesday asking government for more money.The power utility’s debt is reaching levels beyond R450 billion and Mabuza was in Parliament on Tuesday asking government for more money.

Eskom asks govt for more money as debt climbs beyond R450bn

In a briefing to MPs, Eskom chair Jabu Mabuza noted that the utility’s debt was approaching R450bn and could not be serviced by revenue alone.In a briefing to MPs, Eskom chair Jabu Mabuza noted that the utility’s debt was approaching R450bn and could not be serviced by revenue alone.

Eskom cannot survive without state support: Jabu Mabuza

The cash-strapped power utility is needing to borrow money in order to pay interest on debt, its chairperson and interim CEO Jabu Mabuza has told MPs. The cash-strapped power utility is needing to borrow money in order to pay interest on debt, its chairperson and interim CEO Jabu Mabuza has told MPs.

Eskom being forced to take on debt to pay interest, says chair | Fin24

In a briefing to MPs, he noted that the utility’s debt is approaching R450bn and could not be serviced by revenue aloneIn a briefing to MPs, he noted that the utility’s debt is approaching R450bn and could not be serviced by revenue alone

Eskom cannot survive without state support, says Jabu Mabuza

Eskom boss, states the power utility's debt has now reached new heights totaling R450 billion and only governement bail-outs can help.Eskom boss, states the power utility's debt has now reached new heights totaling R450 billion and only governement bail-outs can help.

Eskom debt nearing R450 billion, tariff increases 'not enough'