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SUNDAY, 21 APRIL 2019, 14:30

Business

Eskom received emergency bailout in early April

Friday at 17:46 PM, via IOL

Parliamentary documents came to light showing Eskom received an emergency bailout through National Treasury, and will need further financial assistance at the end of April.

Eskom’s mega mistakes – red flags and other lessons

Friday at 15:00 PM, via BusinessTech

Kusile and Medupi power stations continue to come under fire as poorly managed and ill-designed, remaining years behind completion dates amidst drastically rising costs that now stand at R300 billion.

‘Eskom operating much closer to the edge than realised’

Friday at 14:00 PM, via Fin24

Less than a week after Eskom’s CEO declared “the days of surprises are over,” documents show the government was forced to pay R5bn in emergency funds so the state-based utility could meet obligations.

South Africa forced into emergency bailout to troubled Eskom

Friday at 13:54 PM, via BusinessTech

Less than a week after the boss of South Africa’s Eskom Holdings SOC Ltd declared “the days of surprises are over,” documents show the government was forced to pay R5 billion in emergency funds so the state-based utility could meet obligations.

Nintendo soars as Tencent wins switch game approval in China

Friday at 12:04 PM, via Fin24

Nintendo shares jumped after China’s Tencent won approval to distribute one of the company’s games for its Switch console, a sign the Japanese company may benefit from growth in the world’s largest games market.

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