Pay up: Tshwane's unpaid Eskom debt soars to nearly R2 billion | The Citizen

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Pay up: Tshwane's unpaid Eskom debt soars to nearly R2 billion | The Citizen
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💡Eskom is gatvol with Tshwane, demands R2billion 💰 in unpaid electricity bill. Eskom loadshedding CityofTshwane loadsheddingupdates Click here for more⬇️

“As Eskom’s cash flow challenges and the provisions of PFMA dictate, Eskom is accordingly exploring all avenues available to it to recover this debt including, but not limited to, approaching the courts for relief.”Financial sustainability “woefully inadequate”

Mayoral spokesperson Sipho Stuurman confirmed Tshwane’s systems and controls essential to the city’s long-term financial sustainability were “woefully inadequate.” is on record that getting control of the city’s finances, and responding to the findings of the AG, two interrelated matters, constitute the city’s number one political priority.”Stuurman said National Treasury had deployed resources to Tshwane and has had direct input into the budget adopted by the city for the 2023/24 financial year.

“As the mayor announced in his State of the City address, far more rigorous attempts are being made than in the immediate past to strengthen the city’s revenue value chain. A target has been set of doing 1000 credit control disconnections per week and then ensuring that payment is received on these accounts,” he said.In January, the auditor-general flagged it for “serious irregularities” and for failing to submit the correct financial statements for the July 2021 to June 2022 financial year.

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