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ActionSA says Eskom’s ultimatum over City Power’s R5.2-billion unpaid debt is concerning

# ActionSA says it is concerned at Eskom’s renewed threat to disconnect power to parts of Johannesburg, over City Power’s escalating debt 5.2-billion-rand. The power utility stated that this was due to the failure to honour the terms of a settlement agreement relating to outstanding debt and the payment of its current electricity account. ActionSA says the metro must urgently present a credible and transparent repayment plan to Eskom, account to residents on how this debt has escalated, and implement consequence management against officials responsible for financial mismanagement.