Friday, October 16, 2026
South Africa giving billions to struggling state-owned firms
JOHANNESBURG (AP) — South Africa on Wednesday announced an additional $3.5 billion in government spending for struggling state-owned power utility Eskom and national carrier South African Airways over the next three years as the country’s weak economy faces an electricity crisis.
Become a Subscriber!
You have read all of your free articles this month. Select a plan below to start your subscription today.
Already a subscriber? Login