Eskom has taken its most drastic step yet to collect money that municipalities owe it. The group has seized the bank account of the biggest offender, the Maluti a Phofung municipality.

The seizure of Maluti a Phofung’s cash comes as Eskom shows a dramatically stepped-up approach to debt recovery and theft of electricity under the leadership of CEO André de Ruyter. The power utility has also begun to play hardball with certain communities, implementing "load reduction" — effectively electricity blackouts — in areas where illegal connections are rife...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email or call 0860 52 52 00. Got a subscription voucher? Redeem it now