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Municipal Debt To Eskom Stands At R26.4BN

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Riyaz Patel

Overdue municipal debt to Eskom increased by some R1.2bn in September to R26.4bn by the end of October, Parliament’s Standing Committee on Public Accounts (SCOPA) heard from a joint ministerial team tasked to resolve the debts owed to the power utility. 

The meeting in Parliament also included the top 20 debtors who account for 79% of the total debt.

Of these, the top 20 municipalities who owe Eskom money make up 67% of the overall council debt.

https://twitter.com/djxbazztv/status/1200875981281669120

The inter-ministerial task team has met with Eskom at least 40 times since being established 2017, but the debt to Eskom has grown by R16bn.

SCOPA has decried the lack of progress in reducing the debt owed to the already troubled utility.

The last time the committee met to discuss the matter, none of the ministers in the task team showed up. This prompted the Committee to admonish the ministers,

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