Eskom remains major risk to SA finances - Moody’s

Ratings agency, Moody's has criticised President Ramaphosa's State of the Nation Address for its lack of concrete policy steps and further pointed out that plans to unbundle Eskom into three entities will do very little for the utility's financial challenges. We spoke to Lucie Villa, Lead Sovereign Analyst for South Africa at Moody's who kicked off the conversation with her overall take on the speech before commenting on the Eskom split, here's that conversation.

Well, that the take from Moody's. We did reach out to Eskom but its executives were locked in an extended meeting but in the meantime, Energy Analyst & MD of EE Publishers, Chris Yelland had the luxury of a sit down with Eskom's CFO, Calib Cassim ahead of the stage four load shedding announcement, he joins us on the line with the sense he got from Calib Cassim about the country's energy security going forward.