Eskom, Joburg Reach Deal To Tackle Citys Crippling Electricity Debt

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eskom joburg reach deal to tackle citys crippling electricity debt

The City of Johannesburg has agreed to establish a preliminary Distribution Agency Agreement with Eskom in a major bid to tackle its crippling electricity debt and billing challenges.

This follows an intensive two-day intervention meeting convened by Energy and Electricity Minister, Kgosientsho Ramokgopa, alongside Johannesburg Mayor Dada Morero and Eskom CEO, Dan Marokane.

The high-stakes talks were triggered by the citys mounting R5.2 billion debt owed to the power utility.