# Business Leadership South Africa says municipal debt exceeding 130-billion-rand is the biggest financial risk facing Eskom, and the biggest barrier to its full financial recovery. The power utility has gone a full year without implementing load-shedding, a major turnaround from only three years ago, when the country experienced 300 days of load-shedding. BLSA CEO Busiswe Mavuso says Eskom’s recovery has come at the same time as important reforms to the electricity sector overall, on the country’s path to a fundamentally transformed electricity market.
BLSA says R130-billion municipal debt poses the biggest financial risk to Eskom