China development bank
Eskom raises R5.2bln through loan drawdowns
The struggling utility, which supplies more than 90% of the electricity in the country, said liquidity position stood at R7.7 billion on 30 April 2019.
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SA govt says Chinese loan to Eskom not in jeopardy
The South African government and Eskom are working to ensure the transfer of funds from CDB to Eskom, the public enterprises ministry said in a statement.
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DA’s Alf Lees says Eskom is on the brink of collapse
The DA MP says Eskom’s money problems are worsening each day and the government's turnaround strategy for the power utility is not working.
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NUM: Ramaphosa didn't say Eskom won't be able to pay salaries next month
'City Press' on Sunday quoted anonymous sources in the union as saying that the cash-strapped power utility was battling to find money to pay staff amid a massive energy shortage.
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Eskom secures R33.4bn loan from China’s Development Bank
The loan agreement was signed on Tuesday after high-level talks led by President Cyril Ramaphosa and his Chinese counterpart Xi Jinping.
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Eskom: New loan agreement with China shows investor confidence
The R19.6 billion loan will help finance the Medupi coal power plant and ensure the security of energy supply.
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Eskom: We'll be able to repay R19.6bn China bank loan
The power utility has signed a R19.6 billion loan agreement with the China Development Bank to help finance the Medupi coal power plant.
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China steps up crackdown on underground banks
Underground banking presents an increasingly complex threat to China’s financial security.
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Asia shares sour on China, US dollar in demand
Asian shares came under pressure on Thursday after a disappointing survey on Chinese manufacturers.
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Blind Chinese activist arrives in NY
Blind Chinese dissident Chen Guangcheng arrived in the United States on Saturday.
