28.2 C
Accra
Sunday, August 3, 2025
WorldSouth Africa cautions local debts obstructing the energy response

Date:

South Africa cautions local debts obstructing the energy response

South Africa’s electricity minister has raised concerns about the failure of municipalities to settle their bills with the state-owned power company, Eskom.

According to Kgosientsho Ramokgopa, municipalities owe Eskom 63.2 billion rand ($3.3 billion; £2.6 billion).

He claimed that doing so damages Eskom’s “bottom line” and puts it “out of a position” to address the nation’s electrical problems.

In addition, Mr. Ramokgopa noted that in the previous year, the debt had grown by 4.7 billion rand.

According to Mr. Ramokgopa, we are burdening Eskom with increasing amounts of debt and reducing its capacity to invest its funds in generation, transmission, and distribution.

In March, President Cyril Ramaphosa named Mr. Ramokgopa as South Africa’s first electricity minister, amid mounting public resentment over how the government had handled a power issue that had led to protracted power outages.

Corruption and poor management are to blame for South Africa’s electricity issue.

[forminator_poll id="710479"]

Latest stories

“Don’t make me and Stonebwoy fight ooo”- Samini warn netizens

Veteran dancehall musician, Samini has warned netizens to resist...

Kanye West’s Heil Hitler song bans him from entering Australia

US rapper Kanye West has been banned from entering...

Agradaa describes moment shared with President Mahama heavenly – Agradaa

Evangelist Patricia Asiedua, popularly known as Agradaa, shared a...

Dada Joe Remix extradited to face romance scam charges in USA

Ghana’s nightlife mogul and alleged crypto kingpin, Nana Kojo...

Govt launches 24-Hour Economy policy today

The government's flagship, 24-Hour Economy Policy, will be launched...

GRA sets July 16 for GHS1 fuel levy implementation

The implementation of the new GHS1 Energy Sector Shortfall...

Related stories

US travel ban against Togo, Libya, others takes effect today

Effective today, Monday, June 9, nationals of twelve countries...

Pakistan: Police in search of over 200 inmates following earth tremor

Over 200 inmates are currently on the run after...

Pope Leo XIV shares canonical acceptance

Cardinal Robert Francis Prevost has officially accepted his election...

Profile of the new Pope – Cardinal Robert Francis Prevost

"Peace be with all of you!" - the first...

Cardinal Robert Francis Prevost named as the 267th Pope, takes the name Pope Leo XIV

Cardinal Robert Francis Prevost has been elected as the...

Black smoke signals end of first day of conclave to elect new pope

A thick column of black smoke rising from the...

Siemens exec and his family involved in fatal Hudson helicopter crash

Tragedy struck New York City on Thursday when a...