Friday, October 25, 2019

ESKOM RECOVERY PLAN IS BASIC LOGIC!

ESKOM RECOVERY PLAN IS BASIC LOGIC:


Floyd Shivambu

On Tuesday, the 22nd of October 2019, the National Assembly passed a special appropriation bill to permit the South African government to shift R59 billion from the National Revenue Fund to ESKOM as part of the many interventions for its financial recovery. In 2015, ESKOM was allocated R23 billion by the erstwhile Minister of Finance Nhlanhla Nene, who made commitments that such will never happen again.

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