Eskom secures $2.5bn loan from China
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Eskom produced an impressive loss for the year to March. It totaled R2.3 billion for the group and led the auditors to qualify on going concern problems. But then it was announced that the China Development Bank would loan Eskom 2.5billion dollars. So, what does this mean for Eskom's future and indeed, for South Africa? Eskom expert and independent energy analyst, Ted Blom joined Business Day TV for his perspective.