Eskom’s hard-won recovery tested by cities owing R95.4bn

Eskom halting power cuts will be welcomed by business and ordinary South Africans after the state-run power company was forced to implement load shedding for the second time within less than a month on Saturday (22 February).

A turnaround in the finances of Eskom has won praise from investors but they are keeping their eyes on one issue — the company’s struggle to recoup some $5 billion in unpaid electricity bills from cities and towns across the country.AdvertisementsIt’s a debt pile that continues to mount as municipalities themselves fall behind in collecting…

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