Eskom gets tough on municipal debt
Eskom CEO Andre de Ruyter says the power utility is being more aggressive in collecting debt from municipalities. The SOE is owed billions of rand by defaulting municipal offices.
De Ruyter appeared in Parliament on Tuesday for the first time and said Eskom is monitoring its capital more strictly.
“We are driving to improve our internal efficiencies to manage our costs down within the constraints that we face,” De Ruyter said.
“We have reprioritized our capital expenditure, we are re-introducing a far more disciplined approach to capital allocation, we have identified the procurement of goods and services as a major leaver for unlocking savings.”
In other news – What you didn’t know about Sbahle Mpisane – Real name, Age, Family, Education, House
Sbahle Mpisane became such a huge media personality in South Africa when she started sharing her fitness videos. She took on the task of running fitness classes where she shared her love for staying fit and healthy with other health fanatics.
Sbahle is the founder of personal training and Bootcamp, Fitness Bunnie. continue reading
Source: eNCA
