Confusion about Eskom debt amounts

[Hanno Labuschagne]

Confusion about Eskom debt amounts

South African lawmakers scrutinizing amounts owed to the country’s debt-stricken power utility are discovering to their frustration that there may be more than one version of the truth.

Charged with getting to the bottom of how much Eskom Holdings SOC Ltd. is actually owed, the Inter-Ministerial Task Team on Municipal Debt to Eskom, claimed in a submission to the Standing Committee on Public Accounts in December that the Department of Public Works and Infrastructure was the biggest debtor, owing 3 billion rand ($203 million) as of June 2019.

[Bloomberg]

 

[Sarg3_ZN]

Have they tried to listen properly?

 

[Gordon_R]

The News24 version manages to point out that the responsible minister is Patricia De Lille:

Eskom debt: Government departments need to pay their own bills, says De Lille | Business

All government departments will have to pay their own municipal and Eskom bills, Minister of Public Works and Infrastructure Patricia de Lille announced at meeting with the Standing Committee on Public Accounts (Scopa).

www.fin24.com

 

[grok]

Whoop-whoop!! All aboard the failtrain..!!

 

[Binary_Bark]

 

[¯\_(ツ)_/¯]

Whoop-whoop!! All aboard the failtrain..!!

Notafok, they don't have brakes.

South African trains are deathtraps – Brake pads needed and wiring stolen

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mybroadband.co.za

 

[system32]

The News24 version manages to point out that the responsible minister is Patricia De Lille:

Eskom debt: Government departments need to pay their own bills, says De Lille | Business

All government departments will have to pay their own municipal and Eskom bills, Minister of Public Works and Infrastructure Patricia de Lille announced at meeting with the Standing Committee on Public Accounts (Scopa).

www.fin24.com

Seems Eskom agrees that Eskom accounts was overcharging:

Following verification and engagements with the relevant municipalities, there was a difference of more than R1.7 billion from the R1.97 billion. De Lille said this means that once all the accounts of these municipalities were verified, the actual amount owed was R186 million, as opposed to the initially reported amount of R1.97 billion.

R1.96b -> R186m

See

Government’s plan to make municipalities pay Eskom

The DPWI has begun reconciling and verifying debt owed to Eskom by the country’s 257 municipalities.

mybroadband.co.za

 

[Baise]

Confusion about Eskom debt amounts

South African lawmakers scrutinizing amounts owed to the country’s debt-stricken power utility are discovering to their frustration that there may be more than one version of the truth.

Charged with getting to the bottom of how much Eskom Holdings SOC Ltd. is actually owed, the Inter-Ministerial Task Team on Municipal Debt to Eskom, claimed in a submission to the Standing Committee on Public Accounts in December that the Department of Public Works and Infrastructure was the biggest debtor, owing 3 billion rand ($203 million) as of June 2019.

[Bloomberg]

Let them stick to mowing the lawns and get the bean counters involved ..