Treasury begins engagements with municipalities on conditions for writing off R57bn debt owed …

The National Treasury is embarking on provincial roadshows to communicate the 14 conditions under which the debt owed to Eskom by municipalities can be written off over the coming three years. As of March 31, Eskom was owed a whopping R57-billion by municipalities and the municipal debt issue has continued to worsen despite several previous attempts to address the problem.