municipal debt

  1. Luis

    Johannesburg owes Eskom R6.84 billion but somehow wants to become a smart city

    Johannesburg owes Eskom R6.84 billion but somehow wants to become a smart city Johannesburg's executive mayor, Dada Morero, said that by 2027, the city must be digitally transformed into a smart city, including through AI integration of services. However, on Tuesday, Eskom threatened the metro...
  2. Hanno Labuschagne

    Eskom taking over electricity distribution in 47 municipalities

    Eskom taking over electricity distribution in 47 municipalities Eskom is set to take control of electricity distribution operations in 47 South African municipalities through distribution agency agreements (DAAs). This is according to the 2025 Medium-Term Budget Policy Statement, which...
  3. Hanno Labuschagne

    Eskom owed R62 billion by municipalities

    Eskom owed R62 billion by municipalities South Africa’s electricity distribution system is “an albatross” beset by fighting between the national power utility and municipalities as the government takes steps to stabilise the grid, according to the electricity minister. State-owned Eskom...
  4. Hanno Labuschagne

    Eskom must write off R70 billion in municipal debt as part of government debt takeover plan

    Eskom must write off R70 billion in municipal debt as part of government debt takeover plan National Treasury will demand that Eskom write off some R70 billion in outstanding municipal debt as part of the government taking over a part of the utility's debt, Rapport reports. The publication...
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