Eskom reports successful conversion of its prepaid customer base to KRN 2

Power utility Eskom says it has successfully completed its prepaid meter Key Revision Number (KRN) rollover project, but has set a new deadline of December 13 to assist paying customers who are still experiencing challenges and an estimated 1.7-million zero buyers that are yet to complete the upgrade. Eskom points out that it started off with a customer base of 6.91-million prepaid customers, while a data cleaning exercise fully updated the incomplete details of 341 000 customers, taking the customer base to 7.25-million.
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Eskom welcomes S&P rating upgrade to positive from stable

State-owned power utility Eskom has welcomed the decision by international ratings agency S&P Global Ratings to upgrade Eskom’s ‘B’ long-term global-scale foreign and local currency ratings to positive from stable. The ratings agency also affirmed Eskom’s ‘B’ issue rating on the group’s senior unsecured debt and the ‘BB-’ foreign currency issue ratings on the government guaranteed debt.
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