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Assessing and promoting civil and minority rights in South Africa.

[Source: Bloomberg by Rene Vollgraaff.]

Talks around restructuring Eskom Holdings SOC Ltd.’s bonds must be approached carefully to avoid spooking the market, according to S&P Global Ratings.

Public Enterprises Minister Pravin Gordhan said on Thursday the government will consult with the power utility’s debt holders on any reorganization and that there isn’t any real concern about haircuts.

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South Africa at a Glance
58 780 000 (mid 2019 estimate)
4% y/y in July 2019 (CPI) & +4.9 y/y in July 2019 (PPI)
3.1% q/q (2nd quarter of 2019)
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