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South Africa's power utility Eskom would have defaulted without PIC loan

South Africa’s power utility Eskom would have defaulted without PIC loan
South Africa’s Public Investment Corporation (PIC), Africa’s biggest investment fund, said on Tuesday that without a 5 billion rand ($420 million) loan it advanced to cash-strapped utility Eskom, the utility would have defaulted on its existing de

South Africa’s power utility Eskom would have defaulted without PIC loan

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