Eskom’s inability to function effectively has again emerged with the latest financial information released.
Municipalities already owe Eskom R23.5 billion, according to the report released by Minister Pravin Gordhan.
The disclosure shows that the debt to be paid to Eskom is still rising, and is a sign that the entity is not prepared to set foot and cut off municipal electricity supply if they fail to settle their accounts clockwise.
In March this year, Gordhan reported that municipal debt to the power supply stood at R20bn, but only increased to R23.5bn 5 months later.
This is clear evidence that Eskom’s management and board of directors do not have the skills to manage the entity, informed sources said.