R66 billion bail-out fund
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TechCabal - Nov 01, 2023
π¨πΏβπTechCabal Daily β Eskom reports $1.2 billion loss
Eskom records a loss of R24 billion ($1.2 billion) for the 2022/2023 financial year. Eskom's decreasing generation capacity, increased municipal debt, and losses due to criminal activity are the main reasons for the loss.
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