China’s R33 billion Eskom ‘gift’

A big ‘fuss’ is being made about China’s president, Xi Jinping, visiting the so called rainbow nation. His “gift” of R33 billion to Eskom is seen as a breakthrough for investments in the country. However, the long term loan must eventually be repaid, with interest, and that sum has as yet not been be made. … Continue reading China’s R33 billion Eskom ‘gift’