How Hadebe’s exit impacts Eskom, bond markets

PUBLISHED: Wed, 29 May 2019 15:25:30 GMT

Eskom, South Africa’s struggling state owned power utility continues operations without its CEO Phakamani Hadebe. One of the utility’s biggest issues has been its unmanageable growing debt levels. Joining CNBC Africa to examine the SOE’s stakeholder and what the crisis means for bond prices is Rashaad Tayob, Fixed income, Multi-Asset, Hedge, Abax.