Eskom debt plan can reduce SA risks – Moody's
The proposed R254bn relief aims to strengthening the power utility's balance sheet.
Source: moneyweb.co.za
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Eskom debt plan can reduce risks for SA, says Moody's
South Africa’s plan to provide its struggling power utility debt relief and potentially write off municipalities’ arrears to Eskom will ultimately improve liquidity and cut funding risks for the government, according to Moody’s Investors Service.
Source: news24.com
Eskom debt plan can reduce SA risks – Moody's
The proposed R254bn relief aims to strengthening the power utility's balance sheet.
Source: moneyweb.co.za
Brexit: Ian McConnell: Experts will tell truth of Brexit while Tories indulge fantasies
YOU would think the report card on Boris Johnson’s Brexit issued this week by international ratings agency Moody’s would make embarrassing reading for the Prime Minister and his Government. The “you would think” qualification here is not included because there is any doubt over what is being said by Moody’s. The ratings agency is perfectly clear when it says the UK economy will be “significantly smaller” over the longer term with Brexit. Moody’s declares the “macroeconomic cost” for the UK of losing European Union membership has been confirmed. And it gives its view th...
Source: heraldscotland.com