{"id":1131049,"date":"2019-08-06T10:17:00","date_gmt":"2019-08-06T15:17:00","guid":{"rendered":"http:\/\/juniorminingnews.com\/?guid=3c545f067b9bf57f6b1a4a3a28885f4e"},"modified":"2019-08-07T01:19:57","modified_gmt":"2019-08-07T06:19:57","slug":"eskom-urgently-needs-turnaround-plan-moodys","status":"publish","type":"post","link":"https:\/\/juniorminingnews.com\/?p=1131049","title":{"rendered":"Eskom urgently needs turnaround plan &#8211; Moody&#8217;s"},"content":{"rendered":"<p>South Africa&#8217;s state power utility Eskom urgently needs a turnaround plan as its capital structure is unsustainable, credit ratings agency Moody&#8217;s said on Tuesday in a report which sent the rand lower. &#34;The company&#8217;s operational and financial performance has deteriorated, indicating the extent of the challenges facing Eskom in meeting its debt obligations absent government support,&#34; Moody&#8217;s said in a note.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>South Africa&#8217;s state power utility Eskom urgently needs a turnaround plan as its capital structure is unsustainable, credit ratings agency Moody&#8217;s said on Tuesday in a report which sent the rand lower. &#034;The company&#8217;s operational and financial 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