How is Eskom going to increase its financial yield while still struggling to retrieve the R34 billion it is currently owed by defaulting municipalities? Eskom is desperately trying to recoup money owed by municipalities – Soweto, in particular, is making that task all the more difficult. Eskom, South Africa’s national electricity provider, had an exceptionally..
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Soweto owes Eskom R17 billion, half of the total national debt – Still the lights or on! But if citizens residing in towns do not pay their municipality bill the electricity gets disconnected without hesitation
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