Chris Yelland on PIC’s investment in Eskom

PUBLISHED: Mon, 03 Jun 2019 15:13:46 GMT

South Africa’s Public Servants Association is raising concerns over the PIC’s investment in Eskom. The power utility’s growing debt levels is a risky investment and the PIC may not be in the position to hedge the hazard. Eskom’s supply of electricity has stabilised since the beginning of the year, however its troubles are far from over. Joining CNBC Africa to discuss the business of Eskom is Chris Yelland, Energy Analyst and Managing Director at EE Publisher.

Sign Up for Our Newsletter Daily Update
Get the best of CNBC Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent.
Get this delivered to your inbox, and more info about about our products and services. By signing up for newsletters, you are agreeing to our Terms of Use and Privacy Policy.