S&P Upgrades Eskom’s Long-Term Credit Ratings to Positive.
Johannesburg: S and P Global Ratings Agency has upgraded power utility Eskom’s long-term global scale foreign and local currency ratings from stable to positive. S and P affirmed Eskom’s ‘B’ issue rating on the group’s senior unsecured debt from ‘CCC+’ and the ‘BB-‘ foreign currency issue rating on the government-guaranteed