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The R8 billion owed to Eskom by Emfuleni for bulk electricity represents about 10% of the total R82bn owed by municipalities.
Eskom says it cannot financially sustain the electricity debt of the municipality without severely impacting its own operations.
The Land Bank has a loan book worth more than R8bn and more than 50% of this book is considered to comprise non-performing loans — referring to...
The Land Bank has a loan book worth more than R8bn and more than 50% of this book is considered to comprise non-performing loans — referring to...
Residents of Emfuleni could face worsening power outages and infrastructure decay as Eskom enforces debt repayment on the municipality.
PRESIDENCY: NNPC’s $6 billion Debt To Oil TradersConfirms Tinubu Not Lying About Removal Of Fuel Subsidy—The Special Adviser to the President...
Beijing: China and the Maldives have signed a new financial agreement today, enabling Beijing to offer increased financial aid to the debt-ridden...
Total expenditures including arrears clearance and discrepancy for the first half of 2024 was estimated at GH¢101.21 billion, the July 2024 Monetary...