Eskom reportedly owed millions of rands by 3 neighbouring countries

Eskom reportedly owed millions of rands by 3 neighbouring countries

- Pravin Gordhan has responded to a question asked by a member of the DA about debt owed to Eskom

- Three neighbouring countries owe the energy supplier more than R600 million

- None of the debts owed is being disputed by debtors

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As South African dread the news of more load-shedding, Public Enterprises Minister, Pravin Gordhan, has shared that Eskom is owed millions, more than R600 million, by three neighbouring countries.

The Daily Sun reports that DA MP, Denis Joseph, directed a question to the minister and in his reply, he made the debt public.

Eskom has a debt burden of R450 billion as it has battled for years to collect the money it is owed for electricity provided. South African municipalities owe R25 billion to the supplier.

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Briefly.co.za gathered that the countries who owe and their debts are as follows:

  • Zimbabwe - R322 million
  • Zambia - R221 million
  • Mozambique - R89 million

Gordhan has stated that these debts are not in dispute by the countries.

"Eskom's clients acknowledge their debt and attribute economic challenges as well as financial constraints as the cause of their delays in settling the outstanding debt."

Amid the load-shedding and rise in electricity costs, South Africans are paying for Eskom's inability to collect the debts owed to it.

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Source: Briefly.co.za

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