Eskom is coming for the R50 billion the South African government owes — Ramaphosa

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President Cyril Ramaphosa described the debt owed to Eskom as “unacceptable” and has established a multi-disciplinary revenue committee to address the issue.

South Africa has established a multi-disciplinary revenue committee to address municipal and government debt to Eskom — which currently sits at around R50 billion.

“For the month of September 2022, as an example, the department paid R575 million for property rates and municipal services, and processed invoices to the value of R51 million to Eskom,” he said. “The department of corporate governance and the South African local government associations are part of these consultations that are ongoing for amounts that may be incorrectly reported,” Ramaphosa said.

Among the questions were two from Economic Freedom Fighter leader Julius Malema, who asked for full details regarding South Africa’s extensive rolling blackouts. “Among the structural challenges is the fact that there has been insufficient investment at the Eskom level in new generation capacity,” he said.

 

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CyrilRamaphosa it starts at the top. ANC wont even pay their staff. How about you take some of your $4m bribes you got paid out of that mattress and pay some people with it? thieves

Time to cut back on the breeding and breathing grants I guess. This is hot air….elections are coming and Squirrel is stroking our egos. The MYANC is incapable of change

Oh fuck another multidisciplinary committee.....

Taxpayer paying twice for electricity

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