Major financial turnaround: Tshwane settles R1 billion Eskom debt and clears R4. 7bn VAT burden

By Rapula Moatshe | Published 1h ago

Tshwane Mayor Nasiphi Moya reports significant financial progress with over R1 billion paid towards the city's Eskom debt, full settlement of the R4. 7bn VAT liability, and a R4. 3bn reduction in the debtors' book. The administration is also addressing power outages in key areas while extending its successful debt relief scheme to benefit more residents.