APA

South Africa’s Eskom, has secured a $1.1 billion loan from a consortium of local and international banks to prop up the cash-strapped parastatal from collapsing its operations, the public utility has confirmed.

Malawi-born Prophet Shepherd Bushiri and wife Mary, who head the Enlightened Christian Gathering (ECG) church, have been arrested by the South African police on alleged fraud and money laundering charges, the police have confirmed.