Register now for Fin24 Dashboard and get access to portfolios, watchlists, financial comparison tools, and a whole lot more to help you achieve your financial goals.

Data provided by McGregor BFA
All data is delayed
Loading...
Where am I? Home
 
Prices are delayed by 15min.
Join the Fin24.com conversation about JSE-listed stock by using every time you tweet.

FS councils pay Eskom bills

Jul 12 2010 17:22

Related Articles

Eskom in talks over looming FS cuts

State owes Eskom R189m in arrears

Eskom improved offer translates to R38m

Eskom to count cost of higher wage offer

Outrage over Eskom execs' pay

Eskom punishing paying consumers - NCF

 

Top Stories

Gauteng road project costs rocket

May 25 2012 13:58

The costs of the first phase of the Gauteng Freeway Improvement Project have increased significantly to almost R90bn, according to a report.

JSE halts 'incorrect' trade

May 25 2012 11:36

The JSE has identified and stopped "incorrect" trades from one of its members, and will reverse the trades and lower the session's total value after the close.

Sizeable drop in petrol price expected

May 24 2012 17:31

The Reserve Bank will maintain current interest rates, and a considerable reduction in the local petrol price is anticipated, says governor Gill Marcus.

 
Share Share line Print
Bloemfontein - A handful of Free State municipalities had by Monday settled their outstanding electricity accounts with Eskom.

This followed after Eskom threatened to cut supply to 11 municipalities if outstanding electricity debts were not paid by next week.

Regional Eskom spokesperson Adri Strydom said the Dihlabeng (Bethlehem), Masilonyana (Theunissen), Matjhabeng (Welkom), Moqhaka (Kroonstad) and Phumelela (Vrede) municipalities had settled their arrears.

Eskom last week issued several Free State municipalities with notices of its intention to disconnect their electricity supply if they did not settle their outstanding accounts before July 20.

Strydom said the Mangaung Local Municipality (greater Bloemfontein area) and the Ngwathe municipality (Parys) had made partial payments, but had not yet settled their accounts in full.

Two municipalities, Nala (Bothaville, Wesselsbron) and Mafube (Frankfort), had not paid anything.

Strydom said due to client confidentiality she could not say what amounts were still outstanding.

Eskom reiterated that if outstanding payments were not made by July 20, it would continue with disconnections as planned.

In the meantime, AfriForum announced it would consider taking legal action against Eskom to keep the lights on in Free State municipalities.

AfriForum spokesperson Cornelius Jansen van Rensburg said the organisation had already lodged a complaint with the Public Protector and requested an investigation into the reasons for the crisis.

He said since poor municipal management was to blame for the current situation, Eskom could not punish town residents who paid their bills.

Jansen van Rensburg said AfriForum had sent letters to its members in many of the towns indicating that they would help non-members, residents and institutions, such as old age homes, to ensure they have power.

"Local communities must start cooperating more closely and call the management of local municipalities to account for their actions," Jansen van Rensburg said in a statement.

- Sapa

 
 
Comment on this story
10 comments
Add your comment
Comment 0 characters remaining
Facebook's intrinsic value
May 23 2012 11:32

When it comes to judging a company’s worth, value investors like Warren Buffett look at intrinsic value. By that measure, Facebook’s shares are worth less than $10. A Reuters analyst breaks down the math. (Reuters)

NicolaaSmith

CIPPA equals automatic zero erosion in the constant item economy We do not have stable – as in fixed real value – money. The real value of money is generally accepted by the public at large to be stable – as in fixed – in low inflation economies, but this is not true. The be... Read their blog...

Recently updated
Podcasts
The Sishen saga

Legal expert Peter Leon on the increasingly complex legal wrangle over the Sishen Iron Ore mine. Time: 8:17 Listen Here...

Before you list

Is the clarion call of the JSE calling? Listen to Fin24’s expert panel discussion before you list your small business. Time: 17:29

Compare and Buy

Compare and apply for hundreds of financial products from many suppliers.

Credit cards Medical aid Current accounts Think Money

Money Clinic

Money Clinic Do you have a question about your finances? We'll get an expert opinion.
Click here...

Loading...