Eskom 'concerned' over court ruling to keep the lights on in Newcastle

  • 📰 TimesLIVE
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 59%

South Africa Headlines News

Eskom is concerned about the financial implications of the Pietermaritzburg high court's judgment on its operations and security of supply.

"The revenue we collect is critical in producing the product, servicing the customers and strengthening the network for future economic growth of the province. Revenue collection remains a priority to Eskom, and we will continue with all the necessary actions to ensure the redistributor debt levels in the country are under control," said the power utility's spokesperson, Joyce Zingoni.

Zingoni said Eskom was disappointed with the court's decision to grant an interim interdict to stop the power utility from implementing daily power cuts due to the Newcastle municipality's outstanding debt. "We are disappointed by the outcome but will respect the judgment and trust Newcastle will do the same by paying the monthly R30m on the set dates," Zingoni said.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 28. in ZA

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Court stops Eskom from pulling the plug in Newcastle over R2bn debtAbout 100,000 Newcastle residents will remain switched on while the local municipality pays its debt to Eskom.
Source: TimesLIVE - 🏆 28. / 59 Read more »

Brexit-type clock ticks for EskomOverseas ownership of South African government debt fell to 37% of the total at the end of August, from as high as 43% in March 2018, according to national treasury data.
Source: mailandguardian - 🏆 2. / 92 Read more »

LETTER: All Eskom staff should take a haircutIt would be better still if ANC leaders act in support of Jabu Mabuza’s suggestion A drastic 'Short Back & Sides' if you please, considering the dire straits that outfit finds itself in.
Source: BDliveSA - 🏆 12. / 63 Read more »

Judgment expected in the Newcastle municipality and Eskom case - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.The Pietermaritzburg high court is expected to hand down its decision in the matter between the Newcastle municipality on the northern KwaZulu-Natal and Eskom.
Source: SABC News Online - 🏆 32. / 51 Read more »

Judgment expected in the Newcastle municipality and Eskom case - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.The Pietermaritzburg high court is expected to hand down its decision in the matter between the Newcastle municipality on the northern KwaZulu-Natal and Eskom.
Source: SABC News Online - 🏆 32. / 51 Read more »

Court stops Eskom from pulling the plug in Newcastle over R2bn debtAbout 100,000 Newcastle residents will remain switched on while the local municipality pays its debt to Eskom.
Source: TimesLIVE - 🏆 28. / 59 Read more »