Tag: inflation in south africa

eskom south africa news moneyPanda

How Eskom Has Royally Screwed South Africa

SARB will not bail out Eskom I’m sorry to put it so bluntly but in all honesty, there is no other way to say it. The effects of “our” Eskom issue would drown South African’s if the SARB decided to help out. The SARB (South African Reserve Bank) has refused to bail Eskom out this time. The Central bank has said that they simply can’t pump more money in as it will fuel inflation and […]