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[allAfrica] Cape Town -In light of festive season power cuts, Eskom's woes continue to mount. The embattled power utility plans to ask the government to absorb about R100 billion - nearly U.S.$7.2 Billion - of its debt in order to rescue it from bankruptcy, aSouth Africa: Dark Times Ahead? Cash-Strapped Power Utility Needs Massive Govt Bailout
[allAfrica] Cape Town -In light of festive season power cuts, Eskom's woes continue to mount. The embattled power utility plans to ask the government to absorb about R100 billion - nearly U.S.$7.2 Billion - of its debt in order to rescue it from bankruptcy, according to a Business Day report. Read more