South Africa Committed to Selling Stakes in Eskom, Nene Says

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(Bloomberg) -- South African Finance Minister Nhlanla Nene talks with Anna Edwards in an exclusive Bloomberg interview about the potential impact of a U.S. rate hike on South Africa’s economy, steps to avoid a junk rating on debt and a planned stake sale in Eskom Holdings, with the nation retaining a majority share. He speaks on “Countdown.” (Source: Bloomberg)

South Africa is committed to selling stakes in Eskom Holdings SOC Ltd. as long as the government maintains control of the power utility, Finance Minister Nhlanhla Nene said.

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