South Africa’s cash-strapped utility is considering asking for extensions on some debt and staff layoffs as it grapples with its finances after years of burning through funds, according to people familiar with the matter. Eskom Holdings SOC Ltd, which depends on government support to service its R368 billion ($27 billion) of debt, is evaluating a so-called liability management exercise as it seeks to implement a turnaround plan, said the people, who asked not to be identified because the matter is private....read more >>