How much money does Eskom need? Eskom’s funding gap through 2018 is estimated at 200 billion rand ($16.86 billion US), Fin24 reported. The utility expects to receive 23 billion rand ($1.9 billion US) from the government this year and has asked to raise power prices.
If the South African government sells assets in Eskom partially or completely, it has the potential to raise money that could be reinvested in the remaining publicly owned part of the company or be invested in other government initiatives, according to TheAfricanReview.
From TheAfricanReview, DailyMaverick, Fin24
