Boycotting payment for services has no place in today’s SA, Cyril Ramaphosa says
The president has urged nonpaying citizens to change a culture of nonpayment and settle the ‘huge amounts’ owned to Eskom
21 October 2019 - 09:09
President Cyril Ramaphosa said that the state-owned power utility’s financial position “remains untenable” and urged nonpaying citizens to change a culture of nonpayment and settle the “huge amounts” owned to the cash-strapped producer.
Eskom, which supplies about 95% of the country’s power and is seen as the biggest risk to the economy, has R450bn of debt and is surviving on state bailouts after huge cost overruns at two partially completed coal-fired power plants. Citizens endured four days of load-shedding last week to prevent the total collapse of the grid...
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