Discover and read the best of Twitter Threads about #Eskom

Most recents (3)

1/The value of accurate information in the age of senseless rhetoric cannot be overestimated. Let's talk about the PIC, Eskom, SA taxpayers and pensions for example.
#Eskom @kayafm95dot9
2/Eskom's financial statements are naturally a financial reporting catastrophe. Flat revenues and escalating finance costs are a problem. A 61% increase in net finance costs is particularly troubling. This is due to more money borrowed at higher rates for example. @kayafm95dot9
3/In an ideal world, more money borrowed should mean more investment in the business which should then generate more money for the business in the long run. Sadly for#Eskom, more money borrowed is a double-edged sword since it gets consumed by operations rather than capex.
Read 22 tweets
[ON AIR] South African Council of Churches' Bishop Malusi Mpumlwana says they will remain being the moral campus of society and do not have a preference in leadership #ZumaResigns #sabcnews #sabcnews
[ON AIR] Future SA spokesperson, Mavuso Msimang says @CyrilRamaphosa has his job cut out for him but it can not be that difficulty #ZumaResigns #AMLive #sabcnews
[ON AIR] Future SA spokesperson, Mavuso Msimang says anybody who has been identified as being party of #StateCapture must be prosecuted #ZumaResigns #AMLive #sabcnews
Read 6 tweets
BREAKING: #Eskom's new charges against #MatshelaKoko include accusations that he deliberately lied to Parliament's #EskomInquiry - and tried to falsely distance himself from the payments to Gupta-linked Trillian
BREAKING: #Eskom laying the blame for the McKinsey/Trillian scandal firmly at the door of #MatshelaKoko and #AnojSingh - and says they drove the deal.
#MatshelaKoko told Parliament he was not involved in the Eskom, McKinsey, Trillian deal.
Eskom says he's lying --->
Read 4 tweets

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