Eskom announced a loan agreement with China worth R19,6 billion to finance the Medupi coal power station. The loan will be repaid over 15 years, and according to Anjj Singh, Eskom’s chief financial officer, Eskom’s debt will now rise to R 500bn. The loan raised eyebrows, as Eskom was further wrecked by Moody’s rating last … Continue reading China gets foot in the door through Eskom loan