Municipal debt to Eskom grows by over R1bn in a month

World News: . []

Overdue debt owed to Eskom by municipalities increased by some R1.2-billion in September to R26.4-billion by the end of October, Parliament's Standing Committee on Public Accounts heard from the inter-ministerial task team aimed at resolving the debt owed to the power utility.  The meeting took place on Tuesday morning in Parliament, along with the top 20 debtors who account for 79% of the total debt. Of these, the top 20 municipalities who owe Eskom money account for 67% of the overall council debt.

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