View from London: Even with half current debt, Eskom not sustainable
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The global head of credit research at Debtwire, Nick Saville-Smith, joined us on Rational Radio this week to provide a City of London perspective on the latest financials released by Eskom. The good news is that it could have been a lot worse had Cyril Ramaphosa not gotten the nod at the ANC's December 2017 elective conference. The bad news is even at half its current debt burden, he believes Eskom is not sustainable. - Alec Hogg Learn more about your ad choices. Visit megaphone.fm/adchoices
