The National Assembly has passed the Eskom Debt Relief Amendment Bill, as part of ongoing interventions to rescue the power utility from years of operational challenges and financial crisis.
During a debate on the bill in the National Assembly, the Chairperson of the Standing Committee on Appropriations, Dr Mmusi Maimane, tabled the committee’s report on the bill, which aims to adjust the allocation that was done for the 2025/26 financial year from R40 billion to R80,2 billion and introduce an additional R10 billion in 2028/29.
He said the bill was more than just a financial instrument, but a commitment to recovery, structured oversight and irreversible reforms. “We want to continue to act as a…