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Fitch: NamPower in better financial shape than Eskom – Windhoek Observer
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Fitch: NamPower in better financial shape than Eskom – Windhoek Observer
Chamwe Kaira Namibia Power Corporation (NamPower) has stronger liquidity and leverage metrics than South Africa’s power utility Eskom, according to a recent assessment by Fitch Ratings. The ratings agency said Eskom continues to depend heavily on support from the South African government to maintain its operations, while NamPower is viewed as having a stronger financial position and lower reliance on direct state intervention. In its latest rat…
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