Ramaphosa on Eskom: We are not in the business of entering into agreements, knowing that we will default on those agreements.
Eskom has not failed to live up to repaying loans. We do not intend to have Eskom defaulting on its repayments.
There is no security of assets, indirectly or directly, of Eskom that has been given.
A broad pot of guarantees is given by government, we don’t give specific assets including land, as guarantees.
What is worthier for them is a government guarantee, it is a sovereign guarantee.