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ELM seeks best Eskom payment deal for businesses and residents

VAAL TRIANGLE - Emfuleni Local Municipality is prioritizing the needs of businesses and residents for a sustainable Eskom payment deal on its R2,3-billion debt. According to the Vaalweekblad the municipality is also factoring in the impact of the COVID-19 pandemic on the municipal-, business- and community capacity to pay. Municipal Manager, Lucky Leseane, says the municipality is working towards a sustainable and affordable Eskom deal that is in the best interests of the Emfuleni residents and business community. Leseane asked Eskom to extend the deal deadline to the 24th of April after ELM failed to broker a deal with the power supplier by the first deadline, which lapsed on the 14th of April.

Meanwhile, Netwerk24 reports that the coronavirus-pandemic and national lockdown will have a lasting effect on all municipalities. According to Moody’s Investors Service municipalities nationwide will still struggle to recover after the lockdown two years from now, if they don’t have the necessary reserves to carry them through. This is due to a list of causes, including residents not being able to pay their municipal bills, municipal offices being closed during the lockdown and inflation in people who will rely on services given by municipalities free of charge, once the lockdown is over.

PHOTO: (Supplied)

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