Yesterday Moya announced that the city had made a landmark agreement with Eskom to settle the R6.67 billion historical debt owed to the utility.
"This agreement, formalised as a court order on 26 November, is a significant milestone in our journey to financial recovery and stability.
"The arrangement outlines a structured repayment plan spanning five years, with the first payment of R400 million scheduled for December 2024. Additionally, the city has already paid R425 million in arrears for October 2024. A critical condition of this agreement is the timely payment of current accounts within 30 days of billing," she said.
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Diese Geschichte stammt aus der December 03, 2024-Ausgabe von The Citizen.
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