Emfuleni pays R50m of debt to Eskom
Debt-ridden Emfuleni municipality paid R50 million of its outstanding debt to Eskom on Tuesday.
Eskom CEO Andre de Ruyter met with Gauteng Cooperative Governance MEC Lebogang Maile on Tuesday to discuss the municipality’s unpaid R2.3 billion debt owed to Eskom.
READ: Rights group calls for temporary ban on arrest of migrants
This comes after Eskom agreed to immediately stop the attachment of Emfuleni municipality assets.
The Sheriff of the High Court last week descended on the offices of the municipality and seized furniture and vehicles.
In 2018, a court ruled that Eskom could recover R615 million of the debt from the municipality.
The power utility's spokesperson Sikonathi Matshantsha says the two parties managed to reach an agreement.
“Within two weeks there would be a written agreement between the parties about a repayment plan for R2.3 billion owed by the Emfuleni Municipality going forward.
“The meeting also resolved that the MEC, together with all the municipalities and indeed Eskom, would find ways to help the municipality and the communities pay for services rendered, including electricity provision.”