Eskom: the struggle to keep South Africa's lights on
Efforts to keep the lights on in South Africa have forced state power monopoly Eskom to massively expand its borrowing – just one of an unusual crop of risks facing Caroline Henry, the company’s treasurer. Fiona Maxwell reports
The bushveld, a huge expanse of grassland and forest in the northeast corner of South Africa, is famous for its wildlife – white rhinos, leopards and giraffes can all be found here – but when Caroline Henry visits, she wears a hard hat. The treasurer of Eskom, the country's power monopoly, regularly makes the 365 kilometre-trip from the company's headquarters outside Johannesburg, in order to show
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