President Cyril Ramaphosa has raised the prospect of writing off the R5bn Soweto residents owe to Eskom, the power utility buckling under R400bn of debt.
“Debt can be written off, but there needs to be conditions ... discussions need to be entered into to [find a] balanced approach,” Ramaphosa said during a question-and-answer session in parliament on Thursday, in which the Eskom crisis took centre stage. He did not say what the conditions could be...
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Eskom is coming for the R50 billion the South African government owes — RamaphosaPresident Cyril Ramaphosa described the debt owed to Eskom as “unacceptable” and has established a multi-disciplinary revenue committee to address the issue. Taxpayer paying twice for electricity Oh fuck another multidisciplinary committee..... 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
Source: mybroadband - 🏆 11. / 67 Read more »
Illegal connections rob more than 50% of electricity that municipalities buy from Eskom | CitypressMore than 50% of electricity purchased by municipalities from Eskom is not being sold, it is being stolen, causing mounting debt to the ailing power utility. Electricity could be free in townships if Ramaphosa and his family were not stealing from Eskom There is no initiative by the ANC to resolved the matter. The coalition need to try and resolve it. If we can try and resolve this, then SA will truly be great again Firstly low cost house should have electricity
Source: City_Press - 🏆 7. / 72 Read more »