Eskom needs debt relief and tariffs, or its back to Treasury with a ‘begging bowl’: De Ruyter

Outgoing CEO of Eskom, André de Ruyter, believes that the power company requires both debt relief and increased tariffs in order to survive. South Africa has experienced 100 consecutive days of electricity cuts due to supply shortages primarily caused by outdated coal-fired power plants. President Cyril Ramaphosa’s government is currently making efforts to resolve the […]