Eskom May Cut Johannesburg Power Over Unpaid Debt
South African utility Eskom has issued a notice of intent to reduce or terminate electricity supply to Johannesburg due to 5.26 billion rand in arrears. The city has reportedly defaulted on payments for over two years despite ongoing negotiations with the state-owned power company.
Xurve View
Xurve View
Eskom will throttle power to Johannesburg over 5.26 billion rand ($315.26 million) in unpaid debt. The utility issued a notice to interrupt supply after the city repeatedly defaulted on payments for over two years. Energy instability in South Africa's economic hub threatens business continuity and local government fiscal credibility.
