July 08
South Africa: Municipalities' R78 Billion Eskom Debt an 'Urgent Task' - Ramokgopa
The R78 billion debt owed to Eskom by municipalities must be urgently addressed to protect the ability of the power utility to fulfil its mandate. Read more »
June 21
South Africa: City of Johannesburg, City Power Ordered to Pay Eskom Debt
Eskom has obtained a court judgement against the City of Johannesburg (CoJ) and City Power for the payment of their R1.073 billion debt. Read more »
January 22
South Africa: Fitch SA Rating Maintains a Stable Outlook
Government has noted Fitch's decision to affirm South Africa's longterm foreign and local currency debt ratings at 'BB-' and maintain the stable outlook. Read more »
November 01, 2023
South Africa: Rising Govt Debt Servicing Hinders Social Spending #MTBPS2023
The servicing of government's rising debt is "crowding out" social spending in the country, says Finance Minister Enoch Godongwana. Read more »
July 18, 2023
South Africa: Rating Agency Affirms Debt Outlook As Stable
Government has noted Fitch's decision to affirm South Africa's long-term foreign and local currency debt ratings at 'BB-' and maintain a stable outlook. Read more »
June 13, 2023
South Africa: Optimum Coal Mine Acknowledges R6 Million Vehicle Licensing Debt
Optimum Coal Mine will pay back some R6.9 million in unpaid motoring licenses and fees after it signed an Acknowledgement of Debt (AoD) with the Special Investigating Unit (SIU). Read more »
April 20, 2023
South Africa: Govt to Assist Municipalities to Settle Eskom Debt - Deputy President
Deputy President Paul Mashatile says government acknowledges that debt relief alone will not return Eskom to financial sustainability, as the state works with municipalities to… Read more »
January 26, 2023
South Africa: Climate Financing, Debt and Money Laundering on Agenda for South Africa-U.S. Talks
Anti-money laundering, climate financing and sovereign debt resolution in Africa are expected to top the agenda when Finance Minister, Enoch Godongwana, engages United States… Read more »
December 09, 2022
South Africa: Technical Team to Focus On Govt Debt Owed to Municipalities
Natal Executive Council has established a technical committee to focus on the debt owed by government to municipalities. Read more »
December 02, 2022
South Africa: Eskom Engages Cogta On Tshwane Debt Mediation
Eskom says it has approached the Department of Cooperative Governance and Traditional Affairs (Cogta) to mediate in the debt repayment matter between the power utility and the City… Read more »
November 04, 2022
South Africa: Treasury Clarifies Eskom Debt Matter
Finance Minister Enoch Godongwana has denied reports that the National Treasury's plan to takeover a portion of Eskom's debt will be linked to conditions that the power utility… Read more »
October 26, 2022
South Africa: Government to Take Over Portion of Eskom's R400 Billion Debt
Government plans to embark on an Eskom debt relief programme that will see it take over a portion of the utility's R400 billion debt. Read more »