Effect of load shedding essay

By 2017 increasing levels of debt and corruption scandals effecting the company has led investment bank Goldman Sachs to declare Eskom as being the "biggest risk to South Africa’s economy." The company had R413 billion in debt and plans to raise an additional R340 billion  (US$26 billion) by 2022 thereby representing eight percent of South Africa's GDP. billion of the company's debt consist of government guarantees . [47] Exasperating the company's financial situation was a recorded R3 billion worth of irregular expenditures in 2017. [44]

Effect of load shedding essay

effect of load shedding essay

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