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Eskom and Municipal Debt: Frequently Asked Questions
1. What is the current state of municipal debt to Eskom? Municipal debt to Eskom is a growing concern, threatening the utility’s financial sustainability. As of July 2023, the total municipal debt is around R85 billion and is projected to reach R100 billion by the end of the 2023/24 financial year. By 2027/28, the debt…
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Eskom’s Proposed Price Hike: A Breakdown
Eskom’s proposed 36% price increase for FY2026 is primarily driven by: Other factors contributing to Eskom’s financial woes include: While Eskom is working to address these issues, the steep price increase is likely to have a significant impact on consumers and businesses. If approved by NERSA, this 36% price increase would show up as a…