Eskom says it has secured a R15 billion loan from a consortium of local and international bank
Eskom says the R1,5 billion loan agreement it has signed with the French Development Agency will not significantly improve its power struggles.
Eskom has received a R1.5 billion loan injection from the French Development Agency to support the power utility’s transmission efforts.
Eskom will implement stage two load shedding starting from nine o’clock this morning till 10 in the evening.
Eskom spokesperson Khulu Phasiwe says the problems plaguing Eskom should be not happening, this as the power utility has implemented stage two of load-shedding on Monday.