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Thursday, September 19, 2019

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Tag: Loan

Treasury proposes additional R59bn for Eskom

Finance Minister Tito Mboweni has proposed additional funding support of R59 billion over the next two financial years to help the embattled power utility meet its financial obligations. The Minister said this...

Eskom gets R2.5 billion loan for renewable energy projects

Troubled power utility Eskom has signed a loan agreement with New Development Bank (NDB) to connect renewable energy projects to the national grid. Under the agreement, the NDB will provide a sovereign...

Here’s why South Africa turned down Zimbabwe’s request for $1.2 billion loan in December

South Africa turned down a request from its southern African neighbour Zimbabwe for a $1.2 billion loan in December, a spokesman for the finance ministry said on Monday. “South Africa doesn’t have...

Eskom gets R2.88bn loan from AfDB for upgrade

JOHANNESBURG – Beleaguered power utility Eskom yesterday received a R2.88 billion loan from the African Development Bank (AfDB) to upgrade and expand its transmission facilities in South Africa and in the...

LAST 7 DAYS

Menlyn Central – combined office and dealership scheme

Abland, with a property development track record spanning more than 30 years, is on track to complete the premium A-Grade office space situated above...

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