Soweto residents add another billion to Eskom debt

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Soweto residents add another billion to Eskom debt
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During Sona, President Cyril Ramaphosa Eskom is working hard to recover money owed by municipalities and customers.

“We will, therefore, table a Special Appropriation Bill on an urgent basis to allocate a significant portion of the R230-billion fiscal support that Eskom will require over the next 10 years in the early years,” Ramaphosa said.

The president also said that Eskom is working hard to recover money owed by municipalities and customers. Meanwhile, according to Mothae, municipal debt is sitting at R20-billion as at the end of March 2019.“We continue to have discussions with Municipalities, Provincial Government and National Government and the Inter-Ministerial Task Team to find a resolution.

“However, we normally get interdicted by customers or customer groupings preventing us from interrupting electricity supply and Municipalities typically take payment holiday during these interdicts. Eskom has now started to issue summons to municipalities for the amount in the Acknowledgement of Debt,” Mothae added.

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