South Africa’s government has allocated an extra R59 billion to struggling state-owned power utility Eskom over the next two years so it can service its debt. A special appropriation bill that was tabled in Parliament today. Joining CNBC Africa to unpack the practicality and implementation of the appropriation is Bianca Botes, Treasury Partner at Peregrine Treasury Solutions.
Unpacking FinMin Mboweni’s plan to save Eskom
PUBLISHED: Tue, 23 Jul 2019 15:55:12 GMT