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

It will no longer need signoff by a professional engineer. A certificate of compliance – already required for all electrical installations – can be issued by any suitably qualified electrician registered with the Department of Labour.

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.It’s a debt pile that continues to mount as municipalities themselves fall behind in collecting…

Subscribe to read full article. Subscribe today

Related posts

UAE targets Africa trade for food security, high growth rates

Nedbank to pay Transnet R600 million to settle swap dispute

Gold trades steady as market prepares for US government restart

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Read More