Eskom attaches Emfuleni municipality assets for unpaid debt

Sunday WorldEskom attaches Emfuleni municipality assets for unpaid debtThe officials from the Sheriff’s office have attached property belonging to the Emfuleni municipality after Eskom obtained an R1.3-billion judgment against the municipal. In November, Sunday World reported that the overdue debt by the municipality impacts negatively on the power utility’s liquidity, financial performance and sustainability. Eskom said the debt leaves the state-owned entity without […]The post Eskom attaches Emfuleni municipality assets for unpaid debt appeared first on Sunday World.