The City of Johannesburg’s R4.9 billion debt to Eskom, with an additional R1.4 billion due by the end of November 2024 has sparked tension between the two organisations. Eskom now threatening to implement load shedding in Johannesburg as a result of the unpaid debt.
Unpaid municipal debt is a core issue for Eskom, and Eskom spokesperson, Daphne Mokwena, says, “We can no longer accommodate entities that do not pay without harming our own business. Borrowing money to operate while we should be paid for the electricity we provide by the municipalities we supply to is unsustainable.” As of September 2024, the total unpaid debt to Eskom is around R90 billion, an existential threat to the entity and South Africa’s energy. Eskom, in an official notice, is threatening to interrupt the power supply as a result of this unpaid debt.What else to read
Additional Reading?
Request Free CopyRelated Articles
May 24, 2024
Children vs. Champions: E-Waste Recycling Authority reimagines the sustainability conversation with technology
The E-Waste Recycling Authority (ERA) partners with Dell Technologies to educate the public about sustainability and electronic waste. The Children vs Champions campaign is sponsored by Dell Technologies and three of its authorised distributors...
Aug 6, 2024
Data drives smart mobility
The digital revolution and the fourth industrial revolution have forced a change of mindset upon the world. Businesses and governments have the choice to embrace technology or be left behind, and South Africa has chosen to embrace the cutting edge...
Nov 13, 2023
Where are you on the road to water digitisation?
Municipalities are looking for opportunities to improve service delivery and cash flow. Yet many still don’t realise the hidden gains of digitising their water systems. By Chetan Mistry, strategy and marketing manager, Xylem Africa...