Municipalities owing Eskom R56.8bn apply to participate in debt write-off scheme

The National Treasury has confirmed that a total of 67 municipalities, which collectively owe Eskom R56.8-billion, or 97% of the municipal arrears debt of over R58-billion owed to the utility at the end of March, have formally applied to participate in the debt write-off programme. The National Treasury also confirmed that 36 municipalities had already been approved for participation, but did not immediately indicate what these municipalities collectively owed to the utility.