Eskom says it cannot financially sustain the electricity debt of the municipality without severely impacting its own operations.
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Eskom says it cannot financially sustain the electricity debt of the municipality without severely impacting its own operations.
An outstanding debt of more than R4 million, owed by the Department of Education, has led to the Zululand District Municipality cutting the supply of...
An outstanding debt of more than R4 million, owed by the Department of Education, has led to the Zululand District Municipality cutting the supply of...
OBR report is not all doom and gloom, but preventing debt rising to 274% of GDP would require tough action
The R8 billion owed to Eskom by Emfuleni for bulk electricity represents about 10% of the total R82bn owed by municipalities.
Borrowers say popular online lending platforms use intimidation tactics to recover debts.
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