Gordhan has insisted that despite the difficulties the power utility faces, it will not collapse.
Following news of an earlier-than-expected R5 billion cash injection into Eskom, the public enterprises ministry and Treasury have insisted that the power utility is not on the brink of collapse despite the financial and operational damage it has suffered in recent years.: “We have the problem well under control. We understand [what the changes are] that need to be made. Eskom is not about to collapse.
This comes after the DA accused Finance Minister Tito Mboweni of “secretly” handing parliament the details of a R17.652 billion “emergency” bailout of Eskom. DA MP Alf Lees said Mboweni had needed to table the report according to public finance laws, but had allegedlyLees said the first R5 billion from the total amount was
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