Terms of the Chinese loan to Eskom are a secret

Die Vryburger

Terms of the Chinese loan to Eskom are a secret
Terms of the Chinese loan to Eskom are a secret. Photo: Die Vryburger

The terms of the $2.5 billion loan from China to Eskom’s are still secret according to Cyril Ramaphosa, but Eskom will not be taken over by Chinese if they can not repay the loan.

Economists are astonished at the statement because it means that he already acknowledges the possibility that there may be a problem.

He also defended China as a partner of SA.

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