The Western Cape Government has announced a significant win for several of its municipalities, securing a debt write-off for the money they owed Eskom, Cape {town} Etc reports.
This move, which clears a third of the total debt owed by the region, is expected to free up resources for essential services and community development.
Four local municipalities have qualified for a total of R93.1 million in debt relief, including:
- Matzikama (R37.7 million)
- Cederberg (R15 million)
- Kannaland (R14.8 million)
- Beaufort West (R25.6 million)
Western Cape Minister of Local Government, Environmental Affairs and Development Planning, Anton Bredell, praised these municipalities for their financial discipline, which has allowed them to benefit from…
