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Wakanda News Details

Embattled Eskom looks to Islamic-model financing to ease debt woes

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Indebted and beleaguered power utility Eskom Holdings is preparing to issue a R1 billion sukuk (Islamic) bond in its efforts to secure alternate funding sources to reduce mounting borrowing costs.

Source: South African News | Online News | The South African
This Black Fact was brought to you by Christo Rey New York High School

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