Eskom receives two-notch rating boost from S&P Global
Eskom’s credit rating was lifted to B, five levels into junk, from CCC+ by S&P with a stable outlook by S&P Global
Source: citizen.co.za
Stay updated with breaking news from Debt Relief Act. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Eskom’s credit rating was lifted to B, five levels into junk, from CCC+ by S&P with a stable outlook by S&P Global
South Africa’s state-owned power utility Eskom was upgraded two notches by Standard and Poor's Global Ratings on Friday.
Cabinet has commended the return to service of Kusile Power Station's Unit 4
The ratings agency upgraded the ailing power utility's rating from positive to stable, thanks chiefly to the power utility's Debt Relief Act passed in July.