Finance minister Enoch Godongwana says that the government will take over a significant portion of Eskom's R400 billion debt.
Finance minister Enoch Godongwana, will table the Medium-Term Budget Policy Statement in Parliament on 26 October 2022, which will likely headline Eskom's financial future.
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South Africa’s Treasury is finalising a plan to take over a portion of Eskom’s R396 billion ($24 billion) debt as part of a process to place the struggling electricity company on a sustainable footing, a top official said.