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BNP Paribas calls for caution on Cosatu’s Eskom bailout plan, because ultimately the debt will still rest with the state

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eskomBusinessLive reports that according to global bank BNP Paribas, Cosatu’s debt rescue plan for Eskom, which has already received support from the public enterprises ministry and the president, should be broached with caution as it was likely to amount to little more than an added “contingent liability by stealth” on the state’s finances.  

Source: Latest News