Municipal debt piles pressure on Eskom’s restructuring efforts

Billions of rand that South African municipalities owe Eskom are hindering the State-owned power utility’s plan to restructure and separate its distribution unit, according to chairperson Mteto Nyati. South Africa’s municipalities owed Eskom R95.4-billion by November as they struggle to collect revenue from customers and available funds are sometimes misappropriated after years of mismanagement.