MARKET WRAP: JSE firms on budget rescue plan for Eskom
Pressure remains on the rand as SA awaits the greylisting announcement on Friday by the Financial Action Task Force
23 February 2023 – 19:57
The JSE broke a two-day losing streak on Thursday, as investors welcomed Eskom’s rescue plan outlined in finance minister Enoch Godongwana’s budget address on Wednesday.
The finance minister announced a three-year debt relief programme worth R254bn for the stricken power utility, though it comes with strict conditions. ..