According to S&P Global, Eskom's can fund its 2023 financial estimated budget funding requirements for as much as 45 billion rand ($2.64 billion).
This represents about 15 billion rand increment from a previously estimated 30 billion rand, due to lower revenues and higher costs.
Eskom is a South African company with interests in public electricity. It was founded in 1923 as the Electricity Supply Commission and was also referred to its Afrikaans name. Eskom represents South Africa in the Southern African Power Pool.
According to its projections for its 2023 financial year budget, the company were expected to fund their budget with about 30 billion rand. However, there is a possible increment in its financial budget to about 45 billion rand which represents an additional 15 billion rands.
Learn more about Eskom at https://brainly.com/question/28162617
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