Eskom takes radical steps to recover debt from owing municipalities

SAfm — Power Utility Eskom has taken radical steps to recover its money from owing municipalities. Eskom has recently attached the bank account of Maluti-a-Phofung Local Municipality in the Free State. The Municipality's account is now frozen, funds in the account will be directly transferred to Eskom. Eskom says this is to help them recover a portion of the R5.3 billion owed by the Maluti-a-Phofung Municipality, and this step is a result of the repeated failures by the municipality to adhere to its payment obligations to Eskom.We spoke to Eskom's Group Chief Executive- Andre de Ruyter.