Tshwane owes Eskom R1.4 billion

Cash-strapped Eskom says the City of Tshwane’s non-payment is worsening its financial crisis.

The metro owes the power utility R1.4bn as of Wednesday and failed to pay its December account while it partially paid the bill for November.

Eskom says this is adversely impacting its liquidity, financial standing, performance, and sustainability.

The power supplier says its pleas to the City to settle its account have been ignored.

It has asked the Co-operative Governance Department to mediate as the debt is spiraling out of control.

In 2022 the City went on a campaign to disconnect non-paying businesses, organizations, and residents.

Source: eNCA

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