Eskom warning: SOEs will be put into curatorship if not run properly - Mboweni

LONDON — Finance Minister Tito Mboweni warned the cash-strapped state owned enterprises and Eskom in particular at a news conference before his budget speech that the government will not allow the SOEs to continue wasting tax payers money. Shortly after the conference, he unveiled that Eskom will receive an annual grant of R23bn from taxpayers over the next three years. - Linda van Tilburg