May 27, 2020 / 4:16 PM / 3 months ago

South Africa's Eskom lost 16 bln rand in 2019/20 - treasury

CAPE TOWN, May 27 (Reuters) - South Africa’s state-owned power utility Eskom made a loss of 16 billion rand ($919.02 million) in the 2019/20 financial year, compared to 20 billion in the previous year, the National Treasury said in a presentation to lawmakers on Wednesday. ($1 = 17.4098 rand) (Reporting by Wendell Roelf Editing by Alexander Winning)

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