Eskom confirms receiving debt payment installment from Zimbabwe | IOL News

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Eskom confirmed that payment of R139 million from Zimbabwe had reflected in its account.

Cape Town - Eskom confirmed on Tuesday that a payment of R139 million from Zimbabwe had reflected in its account, after an earlier denial prompted the neighbouring state's energy minister to post proof of payment on his Twitter account.

"Eskom confirms that the payment made by Zimbabwe is reflecting in its account today. Discussions will continue with the Zimbabwe Electricity Supply Authority to find a mutually beneficial solution to the outstanding debt," the South African power utility said. Zimbabwean Energy Minister Fortune Chasi said a fortnight ago that Zimbabwe would pay US$ 10 million to Eskom, roughly a third of its total debt to the company, to help ease his country's power shortage.

On Friday, outgoing Eskom CEO Phakamani Hadebe issued a statement that no payment towards ZESA's outstanding debt had come into Eskom's account yet. Zimbabwe began implementing load-shedding last month after experiencing power shortages due to number of factors, including low water levels at its main hydro-electric plant, compromised generation capacity and problems with foreign imports.

 

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Where are the receipts?

Now... We await the Soweto residents to do the same.

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