Debt Write-Off
ESKOM will be instituting a strin gent debt relief programme targeting municipalities that owe the troubled power utility more than R58 billion in unpaid electricity bills.
The proposed municipal debt relief will include a debt write-off, which will see Eskom writing off municipal debt over three years, subject to the municipalities’ compliance with certain conditions.
The municipal debt relief programme is part of the government’s efforts to resolve Eskom’s financial and debt crisis and will see the state provide the power
