The bill adjusts the Eskom debt relief allocation for the 2025/26 financial year from R40 billion to R80.2 billion, while introducing a further R10 billion allocation in 2028/29.
These adjustments are part of the broader R230 billion debt relief package enacted in 2023 to help Eskom address its crippling debt burden and improve energy security.
Chairperson of the Select Committee on Appropriations, Tidimalo Legwase, said the amendment reduces the allocated amount for the current year and converts the full 2025/26 allocation into a conditional loan.
“One, it reduces the amount allocated for Eskom in the 2025-26 financial year. Two, it converts the entire 2025-26 amount into a loan. And lastly, it provides for an allocation to Eskom into the…