Eskom's financial recovery: Treasury adjusts R70bn debt relief package – IOL
Eskom’s financial recovery: Treasury adjusts R70bn debt relief package IOL Read the original article here
Eskom’s financial recovery: Treasury adjusts R70bn debt relief package IOL Read the original article here
The debt assignment marks a crucial step in addressing one of India’s longest-running corporate debt resolutions. JAL, classified as a non-performing asset since 2016, was admitted to insolvency proceedings last year. The Rs 12,000-crore transaction involves a State Bank of India-led consortium of 25 lenders, including major public and private sector banks and financial institutions.…
South Africa reduces Eskom debt relief package by a further $1.1 billion Reuters.com Read the original article here
All nine employees at Walleys Quarry landfill site have been laid off following the collapse of its operator. Walleys Quarry Ltd (WQL) entered voluntary liquidation last month, three months after the controversial Silverdale landfill site was issued with a closure notice. Michael Denny and Jonathan Marston, both of Brighton-based Alvarez & Marsal Europe LLP, have…