Top story | De Ruyter plays hardball with Eskom defaulters 🔒
Eskom has taken its most drastic step yet to collect money that municipalities owe it. The group has seized the bank account of the biggest offender, the Maluti a Phofung municipality.
The seizure of Maluti a Phofung’s cash comes as Eskom shows a dramatically stepped-up approach to debt recovery and theft of electricity under the leadership of CEO André de Ruyter. The power utility has also begun to play hardball with certain communities, implementing"load reduction" — effectively electricity blackouts — in areas where illegal connections are rife.
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