Eskom run­ning out of cash

Sunday Times - - NEWS -

Eskom is try­ing to avoid a liq­uid­ity crunch that may ren­der it un­able to pay staff and sup­pli­ers by Jan­uary. The util­ity said this month it had 20 times less cash than it needed to fund op­er­a­tions, and had writ­ten to min­is­ter Lynne Brown. Eskom could be bank­rupt by De­cem­ber

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