How municipal debt is worsening Eskom's financial state
How municipal debt is worsening Eskom's financial state

How municipal debt is worsening Eskom's financial state

Lungelo Mpangase

8 min
News
چلائیں

تفصیل

With generating units in and out of service and load-shedding ramping up again, Eskom is faced with another giant - municipality debt. According to Deputy President, Paul Mashatile, in 2022, Municipalities owed Eskom over R56 billion yet none of the metropolitan municipalities in the country feature in the top five owing Eskom billions of rands. Business Day TV unpacked this in greater detail with TimesLive's news reporter, Sinesipho Schrieber.

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