South Africa: Eskom Owed R4.7 Billion By Gauteng Municipalities

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South Africa: Eskom Owed R4.7 Billion By Gauteng Municipalities
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itemprop=description content=Eskom announced on Wednesday that the municipal electricity debt in Gauteng continues to increase rapidly.

This as the City of Tshwane and City of Ekurhuleni jointly owe Eskom R4.7 billion as of 31 August 2023.

"The payment patterns by both municipalities have deteriorated to concerning levels that further threaten Eskom's liquidity, financial performance, and sustainability.

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