Johannesburg clears R5.25bn Eskom debt in full, averting threat to power supply
The City of Johannesburg has settled the entirety of its overdue electricity debt to Eskom, closing out a R5.25 billion arrears dispute that had put the city's power supply at risk.
The City of Johannesburg has settled its R5.25 billion debt to Eskom, averting a threat to the power supply for the country's economic hub. The settlement followed an intervention process led by Energy Minister Kgosientsho Ramokgopa, which brought together the City, City Power, and Eskom to resolve long-standing billing disputes. The agreement ends a PAJA process initiated by Eskom over the outstanding arrears and ensures uninterrupted electricity supply to Johannesburg.
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