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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.
Residents have little to complain about in Midvaal Municipality, while in Emfuleni, a short distance away, residents have gone without services for...
Residents have little to complain about in Midvaal Municipality, while in Emfuleni, a short distance away, residents have gone without services for...
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.
Beijing: China and the Maldives have signed a new financial agreement today, enabling Beijing to offer increased financial aid to the debt-ridden...