South African town councils owed Eskom R49.1bn by end-July

South African municipalities’ debt to state-owned power utility Eskom Holdings rose almost 10% since March to R49.1-billion by the end of July, Deputy President David Mabuza said. “This is not a desirable state of affairs for both Eskom and municipalities,” Mabuza told lawmakers in a briefing on Thursday. “For that reason, Eskom forms part of a multi-disciplinary revenue committee which is meant to address payment of debt to the utility by municipalities and organs of State.”