There you have it! – Chinese Bank Takes Absolute Control Over All Eskom Power Stations In South Africa If Default In Payment Plan Transpires

In another huge loan of 33.4 billion rand the Chinese Exim Bank (Export-Import Bank of China) will take over the Eskom Facility Plant in South Africa. This was announced by a recent tweet from Exim Bank.

Eskom is a South African electricity public utility, established in 1923 as the Electricity Supply Commission. Eskom operates a number of notable power stations, including Kendal Power Station, and Koeberg nuclear power station in the Western Cape Province, the only nuclear power plant in Africa.

Eskom generates 95% of electricity in South Africa and has the only nuclear power station in Africa.

<img class="aligncenter wp-image-16730 size-full" src="https://sa-news.com/wp-content/uploads/2019/01/Eskom.jpg" alt="Can this actually be true?: Chinese Bank Takes Absolute Control Over All Eskom Power Stations In South Africa" width="960" height="679" srcset="https://sa-news.com/wp-cont
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