Treasury: Eskom Is Now a Going Concern After R254 Billion Bailout

The National Treasury has expressed growing confidence in Eskom’s financial turnaround, saying the state-owned power utility is no longer at risk of collapse. Following the approval of a R254 billion bailout package in 2023, Treasury officials believe the entity has made measurable progress in restoring its financial health. Addressing Parliament’s Standing Committee on Appropriations this … Continue reading Treasury: Eskom Is Now a Going Concern After R254 Billion Bailout