Eskom

No. 165: 3AMReads: Moody’s Downgrades Eskom | DRC Asks for Joint Bid | Ghana President Wants More Parliament

Jun 14, 2017

Africa, Notes

congo, Eskom, Ghana, Inga 3, Moody’s, Nana Akufo-Addo, parliament, South Africa

Moody’s downgrades South Africa’s power utility Eskom South Africa continues to face challenges as bad news continues to emerge from week to week. On Monday, Eskom’s chairman resigned. On Tuesday, Moody’s downgrades the power utility’s credit rating. The question in my mind is what is the path forward for South Africa. President Zuma, who has…
No. 42: Nigerian Fashion Makes a Statement: This Week in African Markets

Nov 12, 2014

Africa, Business, Economics

Africa, Confidence, Debt, Democratic Republic of Congo, DRC< Congo, Economy, Eskom, fashion, IBSA, IDC, Joseph Kabila, Lagos, Lagos Fashion Week, Moody’s, South Africa

From LinkedIn. ECONOMIC PAIN CONTINUES – Moody’s downgraded South Africa’s five largest banks, nine of its municipalities, its two development finance institutions, following the firm’s downgrading of the government’s debt ratingand Eskom’s bond rating last week. While the outlook remains stable for the banks and one of the development institutions – the Industrial Development Corporation…