Mzansi News
Eskom denies it is cash-strapped
Eskom has denied reports that it has only three months’ worth of cash left.
Leaked financial results showed Eskom has only R20-billion left and will be unable to pay November salaries unless it receives a bailout.
Read and share @Eskom_SA #MediaStatement: #Eskom refutes allegations that it is ‘broke’ @DPE_ZA @ewnupdates @ANN7tv @SABCNewsOnline pic.twitter.com/bAvYK3COTM
— Eskom Hld SOC Ltd (@Eskom_SA) July 16, 2017
Despite this, the parastatal apparently plans to pay more than R5-million in bonuses to three of its most controversial former and current executives, including axed CEO Brian Molefe and suspended acting CEO Matshela Koko, the newspaper says.