{"id":920089,"date":"2022-01-27T16:56:17","date_gmt":"2022-01-27T16:56:17","guid":{"rendered":"https:\/\/www.ghanamma.com\/news\/2022\/01\/27\/eskom-urges-city-of-tshwane-to-pay-r635m-debt\/"},"modified":"2022-01-27T16:56:17","modified_gmt":"2022-01-27T16:56:17","slug":"eskom-urges-city-of-tshwane-to-pay-r635m-debt","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2022\/01\/27\/eskom-urges-city-of-tshwane-to-pay-r635m-debt\/","title":{"rendered":"Eskom urges City of Tshwane to pay R635m debt"},"content":{"rendered":"<p><\/p>\n<div><img decoding=\"async\" src=\"https:\/\/www.ghanamma.com\/wp-content\/uploads\/2022\/01\/32ba3799-0381-5798-8984-308cb083e6db&#038;operation=CROP&#038;offset=0x43&#038;resize=1200x675.jpg\" class=\"ff-og-image-inserted\"><\/div>\n<div><!--sse--><\/p>\n<p>Pretoria &#8211; Debt burdened Eskom is leaning on the City of Tshwane to settle its outstanding electricity bill of R635 million, which was due to be paid more than a week ago.<\/p>\n<p>\u201cThe City of Tshwane\u2019s payment patterns have been irregular over the past six months and have contributed negatively to Eskom\u2019s increasing overdue debt, which is in excess of R43.8 billion,\u201d Eskom said on Thursday.<\/p>\n<\/div>\n<div>\n<p>Most of Tshwane\u2019s electricity comes from Eskom.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">#EskomGauteng #MediaStatement <\/p>\n<p>City of Tshwane Municipality in R635 million arrears &#8211; Eskom debt pic.twitter.com\/rGYkXUNsr5<\/p>\n<p>\u2014 Eskom Hld SOC Ltd (@Eskom_SA) January 27, 2022<\/p><\/blockquote>\n<p>The power utility said that it met with the City&#8217;s leadership on Tuesday as part of its efforts to recover the outstanding debts.<\/p>\n<p>Eskom said the meeting was part of the utility\u2019s efforts to recover the debt owed to it by the City.<\/p>\n<\/div>\n<div class=\"RelatedArticlescss__StyledRelatedArticles-sc-10g88yu-0 ezIKFV\">\n<h2><span>MORE ON THIS<\/span><\/h2>\n<\/div>\n<div>\n<p>\u201cOver the past months, we have engaged the City on these irregular payments and the impact they have on Eskom to keep the lights on,\u201d the power utility said.<\/p>\n<p>Eskom said the overdue debt has contributed negatively to the liquidity, financial performance, and sustainability of the organisation, where it has to borrow to meet its financial commitments.<\/p>\n<p>\u201cAs a utility, we are obliged to operate this business in a sustainable manner, and to consequently take all the appropriate measures to recover money owed to us,\u201d said the cash-strapped power utility.<\/p>\n<\/div>\n<div>\n<p>\u201cWe have initiated the intergovernmental framework, (the) Promotion of Administrative Justice Act, and the engagement of the relevant stakeholders to put an end to the increasing debt.<\/p>\n<p>\u201cWe remain hopeful that the City will review its current position regarding the appeals made to them by Eskom and honour their payments.\u201d<\/p>\n<p><strong id=\"strong-1ff09dfc1ae834f255fd677b0b536247\"><\/strong><\/p>\n<\/div>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Pretoria &#8211; Debt burdened Eskom is leaning on the City of Tshwane to settle its outstanding electricity bill of R635 million, which was due to be paid more than a week ago. \u201cThe City of Tshwane\u2019s payment patterns have been irregular over the past six months and have contributed negatively to Eskom\u2019s increasing overdue debt, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[55],"tags":[],"class_list":["post-920089","post","type-post","status-publish","format-standard","category-headlines"],"_links":{"self":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/920089","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/comments?post=920089"}],"version-history":[{"count":0,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/920089\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/media?parent=920089"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/categories?post=920089"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/tags?post=920089"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}