Economics | Infrastructure news - Part 6

Economics

Eskom-power-lines-pic

Eskom downgraded by Fitch

Ratings agency Fitch has downgraded Eskom but given a stable outlook. The power utility announced that Fitch has downgraded Eskom’s Long-term local currency Issuer Default Rating (IDR) to ‘BBB-’ from ‘BBB’. Fitch Ratings has also affirmed Eskom’s...