Guest: Paul Berkowitz
Eskom’s chief financial officer, Calib Cassim presented Eskom’s financial results for the year ended March 2021 at a media briefing on Tuesday, said that although gross debt had been reduced by R81.9-billion to R401.8-billion, a 16.9% drop, this was still a long way from a viable business entity.
According to CEO Andre de Ruyter, Municipal debt remains as one of Eskom's primary explanations for the debt. . Since financial year-end, municipal debt has increased to R39 billion, the power utility's
Director of The Third Republic, Paul Berkowitz, will discuss the situation.
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