Gauteng municipalities owe the power utility Eskom R4.7 billion
Zuko Komisa Gauteng municipalities owe the power utility Eskom R4.7 billion. Power utility Eskom announced on Wednesday that Gauteng's municipal electricity debt continues to grow at an alarming rate. In 2022, Eskom incurred a net loss of R12.3 billion after-tax despite the power utility’s operating profit improving by 238% to R20.4 billion. According to Eskom, The City of Tshwane and the City of Ekurhuleni jointly owe Eskom R4.7 billion as […]