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Transfer Eskom debt to state stability sheet, says ex-Goldman boss

Move Eskom debt to state balance sheet says ex Goldman boss - Transfer Eskom debt to state stability sheet, says ex-Goldman boss

South Africa can repair the stability sheet of its loss-making energy utility by transferring its assured debt to the federal government’s stability sheet, in response to the previous chief government officer of Goldman Sachs Group Inc in sub-Saharan Africa. Seen as the most important threat to the nation’s economic system, Eskom Holdings SOC Ltd has acquired R133 billion ($eight billion) …

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