Eskom asks Cogta to intervene as Tshwane's electricity debt balloons to R1.4bn | Business

  • 📰 News24
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 80%

Colombia Noticias Noticias

Colombia Últimas Noticias,Colombia Titulares

Eskom has asked the department of cooperative governance & traditional affairs to intervene as the City of Tshwane’s electricity debt has ballooned to R1.4 billion. | News24_Business

"Eskom does not have the financial capacity to finance the City of Tshwane's operations and calls on the city to do right by its residents and pay the bulk electricity account to enable Eskom to continue supplying electricity to the city," Eskom said.A spokesperson had previously indicated to News24 that the irregular payments related to Tshwane’s low level of revenue collection.

The Auditor-General of South Africa recently issued the first adverse audit finding against the City of Tshwane, warning of"material uncertainty" around its ability to continue as a going concern.In times of uncertainty you need journalism you can trust. For 14 free days, you can have access to a world of in-depth analyses, investigative journalism, top opinions and a range of features. Journalism strengthens democracy. Invest in the future today.

 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.

_Business What has happened to the monies paid by the consumers. Reconciliation of the cash book is needed

_Business Why is Soweto untouchable?

_Business Why only Tshwane?

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 4. in CO

Colombia Últimas Noticias, Colombia Titulares