The Electricity Minister says rising municipal debt is undermining Eskom's liquidity.
Electricity Minister Kgosientsho Ramokgopa is pictured while providing an update on the implementation of government's Energy Action Plan on 09 October 2023.
In June, the National Council of Provinces approved Eskom’s Debt Relief Bill by 30 votes against 18, with no abstentions.While some of the opposition parties argued that the bill will not address the challenges facing Eskom, the African National Congress countered that it was necessary to bring the power utility’s debt to manageable levels.
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