S&P Global upgrades Eskom's credit rating, reflecting improved financial health and reduced load shedding in South Africa.

S&P Global has upgraded Eskom's credit rating, signaling confidence in the South African power utility's financial recovery following a R254 billion support package. Eskom's CEO, Dan Marokane, highlighted improvements in financial health, operational reliability, and a reduction in load shedding. The upgrade reflects progress in governance, corruption fighting, and securing energy for the future.

November 27, 2024
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