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South Africa's Power Utility Gives Zimbabwe Ultimatum To Pay Debts by Litmus: 4:04pm On May 08, 2017 |
Threat to cut Zimbabwe power over unpaid bills South Africa's state-owned power company Eskom has threatened to cut electricity supplies to Zimbabwe next month if it fails to settle debts amounting to about $9m (£7m) because of a currency shortage, Zimbabwe's state-owned Herald newspaper reports. Eskom's threat has raised fears of load-shedding, which would have a negative impact on businesses and the farming sector, the newspaper adds. It quotes a letter from Eskom CEO Matshela Koko, warning Zimbabwe's state-owned power firm that “no further lenience or accommodation will be made” over the repayment of arrears. Read: Why Zimbabweans spend the night outside banks http://www.bbc.co.uk/news/live/world-africa-39261605 hmmm |
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