.SPGlobalRatings put Eskom’s debt assessment on positive watch. Moneyweb Loadshedding
S&P Global Ratings put Eskom’s debt assessment on positive watch. The move follows the announcement last month that Eskom will receive R254 billion in debt relief from the government, the ratings company said in a statement on Tuesday. S&P expects the move “will address Eskom’s near-term debt obligations once implemented and give Eskom room to focus on operational improvements and electricity-sector reform targets,” it said.
4 load shedding will be implemented until 05:00 on Thursday. pic.twitter.com/id4Vu9wNz7 — Eskom Hld SOC Ltd March 14, 2023 Tight reserve margin Eskom will maintain a reserve margin of only 2 200 megawatts, which is equal to a buffer of 7% on average during evening peak demand, Cape Town-based news website Netwerk24 reported, citing the utility.
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