Steam rises from the cooling towers of Matla Power Station, a coal-fired power plant in Mpumalanga province, South Africa, run by Eskom. The state-owned power company has received a 59 billion rand bailout package by the South African government. Reuters.
Steam rises from the cooling towers of Matla Power Station, a coal-fired power plant in Mpumalanga province, South Africa, run by Eskom. The state-owned power company has received a 59 billion rand baShow more

Economy

South African power company secures Dh14.9bn bailout deal

Opposition parties criticise deal they describe as a 'blank cheque' to a firm that already has a huge debt pile

Reuters

October 24, 2019