News in a minute: Eskom lost R24 billion in two years [video]

Watch the full version of the “Eskom lost R24 billion in two years – says National Treasury” article – in a minute.

CLICK HERE TO READ THE FULL ARTICLE: Eskom lost R24 billion in two years – says National Treasury

According to the National Treasury, Eskom generated a loss of R24 billion from 2022 to 2023. It says State-Owned Entities (SOE) continue to rely on government support and financial bailouts to pay debt.

Finance Minister Enoch Godongwana did not announce any new bailouts for SOE’s in his 2024 Budget Speech on Wednesday, saying they have failed to implement their turnaround plans, including power utility Eskom.

NEWS IN A MINUTE: ESKOM LOST R24 BILLION IN TWO YEARS

ALSO WATCH: Seven-hour emergency power outage in Soweto

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