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South Africa’s government says it will take on nearly two-thirds of the struggling state power company’s total debt of $23bn (£19bn). This comes as breakdowns at Eskom’s power plants have led to unprecedented power cuts that are damaging the country’s economy. President Cyril Ramaphosa declared a state of disaster over the energy crisis earlier this …
The post South Africa takes on power firm’s debt amid crisis appeared first on The Times Group Malawi.
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