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https://www.news24.com › fin24 › Economy › Eskom › lawmakers-quiz-eskom-on-r488-billion-debt-and-who-they-owe-20201125

https://www.news24.com › fin24 › Economy › Eskom › lawmakers-quiz-eskom-on-r488-billion-debt-and-who-they-owe-20201125
Lawmakers quiz Eskom on R488-billion debt – and who they owe
Eskom presented its annual report to lawmakers on Wednesday. Its debt has been rising over the years and has now reached nearly R500 billion. Some R330 billion of the debt is guaranteed by National Treasury.

https://www.thesouthafrican.com › news › eskom-money-owed-foreign-governments-who

https://www.thesouthafrican.com › news › eskom-money-owed-foreign-governments-who
Pay back the money: Three foreign countries owe Eskom millions
Pravin Gordhan revealed in Parliament that a total of R632 million is owed to the firm from foreign governments across Africa. However, he also suggested that an immediate recall of these funds…

https://en.wikipedia.org › wiki › Eskom

https://en.wikipedia.org › wiki › Eskom
Eskom
In December 2019 COSATU suggested that money be used from the Public Investment Corporation (PIC) to reduce Eskom’s debt from around R450 billion to more manageable levels. [43] In return COSTATU proposed a number of conditions that included keeping workers employed. [44]

https://www.biznews.com › budget › 2022 › 02 › 23 › budget-eskom

https://www.biznews.com › budget › 2022 › 02 › 23 › budget-eskom
Budget 2022: Eskom debt – The good, the bad and the ugly – BizNews.com
Eskom’s financial performance has improved under Andre de Ruyter’s leadership and the parastatal managed to drive down debt significantly. There have been notable tailwinds, such as favourable currency movements, which have been one of the primary drivers of debt reduction.

https://www.news24.com › fin24 › Economy › eskom-posts-net-loss-of-r189-billion-but-cuts-debt-20210831

https://www.news24.com › fin24 › Economy › eskom-posts-net-loss-of-r189-billion-but-cuts-debt-20210831
Eskom posts net loss of R18.9 billion, but slashes debt | Business
Power utility Eskom has reported a net loss after tax of R18.9 billion, though it managed to reduce its debt by R81.9 billion for the financial year ended March 2021. Eskom CEO André De Ruyter announced the results on Tuesday. Eskom’s gross debt now stands at R401.8 billion. Its gearing ratio improved to 67%, from 71%.

https://www.businessinsider.co.za › what-you-need-to-know-about-eskoms-annual-report-2018-7

https://www.businessinsider.co.za › what-you-need-to-know-about-eskoms-annual-report-2018-7
Eskom’s debt is now more than SA’s total budget for health and …
Eskom’s debt burden is also much larger than South Africa’s entire income from personal income tax (R556 billion). Former FNB CEO Michael Jordaan estimates that Eskom’s debt adds R11,000 to the R50,000 each South African owes as part of South Africa’s R2,7 trillion total debt.

https://businesstech.co.za › news › energy › 349821 › these-10-municipalities-and-soweto-owe-eskom-billions

https://businesstech.co.za › news › energy › 349821 › these-10-municipalities-and-soweto-owe-eskom-billions
These 10 municipalities and Soweto owe Eskom billions – BusinessTech
Municipalities and individual users owed Eskom over R36.5 billion as at 30 June 2019. Eskom’s long‐term debt is currently at R441 billion (as at March 2019), up from R255 billion in 2014. Over…

https://businesstech.co.za › news › energy › 558156 › government-considering-taking-on-eskoms-r392-billion-debt

https://businesstech.co.za › news › energy › 558156 › government-considering-taking-on-eskoms-r392-billion-debt
Government considering taking on Eskom’s R392 billion debt – BusinessTech
Bloomberg 14 February 2022 South Africa’s government is considering taking over part or all of Eskom’s R392 billion ($25.8 billion) debt as it seeks to restructure the cash-strapped power…

https://www.thesouthafrican.com › news › how-much-money-does-matshela-koko-owe-eskom

https://www.thesouthafrican.com › news › how-much-money-does-matshela-koko-owe-eskom
Eskom slap Matshela Koko and former executives with … – The South African
Eskom seeking to recoup R3.8 billion from defendants One of the defendants, Former CEO Matshela Koko, has been vocal about his dissatisfaction with the investigation ever since the subpoena…

https://www.thesouthafrican.com › news › eskom-new-bailout-details-how-much-taxpayers-cost

https://www.thesouthafrican.com › news › eskom-new-bailout-details-how-much-taxpayers-cost
Eskom: Six things to know about their new, taxpayer … – The South African
Essentially, Eskom are getting R49 billion this year, and R56 billion next year. This all comes after an emergency R17 billion was allocated to the crippled utility back in April. Over the next…

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