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South Africa: Ratings Agency Downgrades Eskom
SAPA, 20 March 2015
Standard & Poor's (S&P) has downgraded Eskom's long-term credit rating to BB+ following the suspension of four of its senior officials, it said on Thursday. Read more »
South Africa: Ratings Agency Downgrades Eskom
Ratings agency Standard & Poor's made the decision after the suspension of four Eskom senior officials.
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South Africa: Eskom Is Pulling South Africa Down
COPE, 20 March 2015
Congress of the People urges the government to hand over control of ESKOM management to proven business rescue specialists. With Standard & Poor's (S&P)having just… Read more »
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South Africa: Business Leaders, Govt Discuss Eskom
SAnews.gov.za, 20 March 2015
Comprehensive efforts are being made to address the challenges facing Eskom, Deputy President Cyril Ramaphosa said on Friday. Read more »
InFocus
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The board has emphasized that the suspension process is a critical step towards ensuring that the situation facing Eskom improves. Read more »
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Power utility Eskom has initiated blackouts to reduce strain on the national grid. Read more »
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Eskom, Africa's biggest energy giant, will receive a government bail-out to upgrade ailing infrastructure that has led to nationwide load shedding exercises. Read more »
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Eskom, South Africa and Africa's largest energy provider, is seeing a sharp drop in profits as it struggles to keep South Africa's lights on. Read more »
