eskom debt

S.A’s Electricity and Energy minister says Eskom has upped its performance

S.A's Electricity and Energy minister Kgosientsho Ramokgopa says Eskom has upped its performance, resulting in more than 260 days of no load-shedding, improved plant performance, and billions of Rands in diesel cost savings. The power utility has recorded a net loss before tax of some 25.5-billion-rand, an improvement from the previous financial year’s 34.6-billion-rand. Ramokgopa says Eskom is now less reliant on diesel but the debt municipalities owe it […]

20 December, 2024

South Africa

DA Slams Johannesburg Mayor Morero After Cabinet Ministers Intervene Over Eskom Debt

In S.A, the DA in Gauteng says Johannesburg mayor Dada Morero and his leadership under the ActionSA-EFF-ANC coalition should be embarrassed, that two cabinet ministers were forced to intervene in the affairs of the metro. Minister of Electricity and Energy, Kgosientsho Ramokgopa, and Water and Sanitation minister, Pemmy Majodina, met with the Johannesburg leadership yesterday, over the metro’s Eskom debt and the water crisis. The DA’s, Belinda Kayser-Echeozonjoku, says City […]

12 November, 2024

South Africa

Ramokgopa Calls for Urgent Action on Johannesburg’s Energy Crisis

South Africa's Minister of Electricity and Energy, Kgosientsho Ramokgopa, has called for urgent action to tackle Johannesburg's growing energy crisis and financial issues. In talks with mayor Dada Morero, he highlighted problems like declining municipal revenues, the rising 6.3-billion-rand Eskom debt, and billing disputes between City Power and Eskom. Addressing the media, Ramokgopa said it was crucial to resolve these issues internally before seeking court intervention:

12 November, 2024

South Africa

Eskom Sues City Power for Over One Billion Rand Debt

Eskom is heading to the High Court in Johannesburg, escalating a dispute over a debt exceeding one billion rand owed by City Power. Unpaid invoices stretching back to October last year have compelled Eskom to pursue legal action for a declaratory order. City Power, on the other hand, challenges possible overbilling claims dating back to 2021. With the court date set for June 4th, Eskom's spokesperson, Amanda Qithi, warns that […]

7 May, 2024