Business News

Government must ensure municipalities pay Eskom: Num

SABC News Joburg Indaba.jpg Twitter@@GwedeMantashe1 - Government must ensure municipalities pay Eskom: Num

Experts speaking at the Joburg Indaba agree that a sustainable energy supply is critical for the growth of the mining industry.  Deputy Secretary General of the National Union of Mineworkers, William Mabapa says government must make sure that municipalities pay what they owe Eskom to help save the power utility.

He says Eskom needs to deal with its bloated board and management structure to start fixing its financial and operational woes. Mabapa was participating in panel discussion at the Joburg Indaba in Sandton, north of Johannesburg.

“The problem of Eskom firstly is the problem of government; they owe Eskom indirectly because municipalities owe Eskom. When they give Eskom money they say we bail you out, in essence they don’t bail Eskom out, they owe Eskom, so they must pay Eskom what they owe. If they can firstly pay Eskom what they owe, Eskom won’t be in trouble.”

 

The post Government must ensure municipalities pay Eskom: Num appeared first on SABC News – Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader..

Leave a Reply

Your email address will not be published. Required fields are marked *