HILARY JOFFE: Eskom's mountain is not yet a koppie but it's no Everest
The utility still isn't making enough to service interest on its vast debt
05 September 2021 - 00:09
AR19bn net loss is a bleak sight, and even bleaker if you look at Eskom's pre-tax loss that was almost R25bn for the year to end-March, excluding the benefit of a tax credit. Yet for the first time in a long while, the shape of its financials suggests the trajectory is shifting...
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