- Service providers in Johannesburg, including Eskom and Rand Water, are facing financial strain due to cost increases, leading to tariff hikes and revenue collection issues.
- The National Treasury withheld funds from Johannesburg due to an unfunded city budget, impacting payments to utilities like Eskom and Rand Water.
Zweli Mkhize defends the Treasury strategy before parliamentary committees regarding the national government's intervention in Eskom's crisis.
1 report, 1 independent
Updated Jul 20
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What happened
Zweli Mkhize defends the Treasury strategy before parliamentary committees regarding the national government's intervention in Eskom's crisis.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
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Zweli Mkhize
South African doctor and politician
Nothing else this week.
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parliament
legislative body of government
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Eskom
electricity utility in South Africa
Related events
- President Ramaphosa supports the restructuring of Eskom assets, while the Development Bank of Southern Africa provides financial advice to the National Treasury.
- Eskom, a major national electricity generator in South Africa, is currently undergoing intensified parliamentary oversight.
- Parliament is legislating for municipal stability, with Zweli Mkhize chairing the Portfolio Committee.
- The South African government, via a Labour Minister, invested in Eskom's infrastructure development through the Public Investment Corporation.
- President Ramaphosa outlined requirements for the national economy, highlighting Eskom's central role in the country's electricity system.