Eskom has offered to write off R5,3-billion off the electricity debt of Soweto residents
Kaya News Reporter Eskom has offered to slash more than R5-billion off the debt of Soweto residents. This will leave them with a debt of R7.5-billion. Soweto is among the top 20 non-paying municipalities that owe 23% of Eskom's arrears. “The reduction in Soweto debt is mainly due to the write-off of prescribed debt of R5.3bn and write-back of non-compliant in duplum (double the amount) interest of R3.3bn,” Eskom states in […]