, over its debt and has been open about its liquidity challenges. This follows a statement released by Eskom, earlier today, saying that it is considering disconnecting the City of Tshwane as one of the necessary steps to secure outstanding payments.
The utility says that the City of Tshwane is in breach of the Electricity Supply Agreement which it holds with Eskom by failing to pay the R1.6-billion which was due last week Wednesday. Eskom further said that the City has paid R68 million to date which it said did little to dent the massive outstanding balance.
“We owe them one point six billion, that’s only for one month, and that’s for July. It’s the current account which is now in arrears for four days, there’s no other money outstanding to Eskom, it’s only the current account.