Zimbabwe has slashed its debt to power utility Eskom to  R70,56m ($4m) from $33m, the state-owned Sunday Mail newspaper reported, citing energy minister Fortune Chasi.

“We are making payments religiously,” Chasi was quoted as saying. “We have reduced the debt to $4m or thereabouts. We are also working on further reducing our indebtedness to Mozambique.”..

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.