DoE Eskom Treasury

Recapitalisation a key issue to ending Eskom’s woes

Mail & Guardian, 2 May, 2014.

A broad package of solutions will probably be needed to boost the country’s power utility, according to Eskom’s senior general manager, Caroline Henry.

She said talks with the government about a long-term, sustainable solution to shore up Eskom’s balance sheet were wide ranging and not limited to a cash injection.

Henry was speaking after Eskom’s financial director Tsholofelo Molefe was quoted last week in Business Day as saying the embattled company needed a R50-billion crutch from the government to stave off cash flow difficulties…

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