Finweek - English

in brief

“PAYING CUSTOMERS WILL BE SADDLED WITH HOPELESSLY INSOLVENT MUNICIPALITIES THAT HAVE NO PROSPECT … OF PAYING THEIR OUTSTANDING DEBTTO ESKOM.”

− ruled against Eskom’s electricity supply cuts to the Lekwa (Mpumalanga) and Ngwa the (Free State) local municipalities due to non-payment, in the South Gauteng High Court. Moneyweb reported that the utility has in the last few months limited electricity supply to these two and many other municipalities in various provinces as a strategy –

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