Zimbabwe has not paid its debt, says Eskom

Zimbabwe's struggle to keep its lights on is in large part due to non-payment to Eskom. The power utility itself is struggling to pay off its ballooning debt, currently standing at over R450-billion.

JOHANNESBURG - Eskom says it has not received payment from Zimbabwe, the power utility said on Friday.

The country's state-owned power utility owes Eskom more than US$40-million (R563m) for electricity borrowed over the years.

“Eskom would like to state that no funds have reflected on its accounts for Zimbabwe’s outstanding debt as at 28 June at 15h00,” Eskom said in a statement.

READ: Zimbabwe may be plunged into total darkness

“Once Eskom has received the funds, we will then enter into further discussions with Zesa [Zimbabwe Electricity Supply Authority],” Eskom Group Chief Executive Phakamani Hadebe said.

Zimbabwe also owes millions to Mozambique.

READ: Soweto residents add another billion to Eskom debt

Last week, Zimbabwe energy minister, Fortune Chasi admitted that the situation was critical and the country should brace for hard times.

The country has been experiencing lengthy power cuts.

Source
eNCA