Eskom CEO Says Overdue Municipal Debt Delaying Firm’s Unbundling
NegativeTechnology

- Eskom's CEO announced that the unbundling of the utility into three units is stalled due to significant overdue municipal debts. The unbundling process has been ongoing for almost seven years and is crucial for the company's restructuring.
- This situation highlights the financial challenges facing Eskom and the impact of municipal debt on its operational efficiency, potentially delaying improvements in service delivery and financial stability for the utility.
— via World Pulse Now AI Editorial System