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View Full Version : Eskom May Need to Raise Tariffs 90%, Regulator Says - Bloomberg



NewsWhore
05-28-2009, 03:40 PM
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Eskom May Need to Raise Tariffs 90%, Regulator Says (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601116%26sid%3Daqolsq5nCmTk%26refer%3Dafrica&cid=1250714854&ei=EeseSrKBE4uC6QObtcSQDg&usg=AFQjCNGVZe8K9xx-DQwvubgayMKh1IEtIw)
Bloomberg
Moody Investors Service last year reduced the utility&#39;s foreign-currency rating by three levels to Baa2, the second- lowest investment grade. Borrowing is “very difficult” as capital markets are tight and Eskom&#39;s credit rating is under threat, ...


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