R21.1 billion projected Eskom financial loss only the tip of the iceberg
By: Natasha Archary Image: Eskom Eskom is in deep financial trouble, reporting a projected R21.1 billion loss in the past financial year. This is a R7.6 billion bigger loss than the embattled power utility had budgeted for. National Treasury was made aware of just how dire the situation is in the Parliamentary Meeting of the Standing Committee of Appropriations on Tuesday, 30 May. Energy expert Tshepo Kgadima however says that […]