Eskom CFO Calib Cassim warns that municipal arrear debt owing to Eskom could exceed R300-billion by 2030, while once again highlighting the failure of the current National Treasury initiative to arrest the crisis. Cassim, who will retire from Eskom in 2026, reported at the group’s results presentation that debt owed to Eskom by municipalities had increased by 27% to R94.6-billion in the year to March 31, 2025, and had since climbed to above R103-billion.
