There are growing global calls for a debt write-off for developing countries because of Covid-19. Eskom received a $3.75-billion loan from the World Bank in 2010, intended mostly for the construction of Medupi. Writing off this debt would be a good start.
For many South Africans, one of the only good news stories around the Covid-19 lockdown is that load shedding is (apparently) on hold. But the reasons for that, combined with the likely state of the post-lockdown economy, is very bad news.
...
AllAfrica Subscription Content
You must be an allAfrica.com subscriber for full access to certain content.
You have selected an article from the AllAfrica archive, which requires a subscription. You can subscribe by visiting our subscription page. Or for more information about becoming a subscriber, you can read our subscription and contribution overview.
For information about our premium subscription services:
You can also freely access - without a subscription - hundreds of today's top Africa stories and thousands of recent news articles from our home page »
Already a subscriber? Sign in for full access to article