Economics
Moody’s Sees No Quick Fix for South African Power Utility Eskom
- Eskom turnaround plan needs buy-in from all interest groups
- Comprehensive Eskom policy paper due out later this month
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Fixing South Africa’s loss-making power utility Eskom Holdings SOC Ltd. is complex and it will take time for the government and the company to agree to a turnaround plan, according to Moody’s Investors Service.