Meanings of default municipalities in английском

National power utility, Eskom, is determined to recoup costs from defaulting municipalities.

It's also owed in excess of R20 billion by defaulting municipalities.

The embattled national power utility is hungry to get cash out of defaulting municipalities.

Eskom has routinely cut power to defaulting municipalities pending the settlement of outstanding payments.

Eskom, South Africa's embattled power utility, is attempting to recoup money owed to it by defaulting municipalities.

So serious has the scourge of defaulting municipalities become, that an inter-ministerial task team has been called to action.

Eskom needs the cash At this moment in time, Eskom is attempting to gather all its outstanding rands and cents from defaulting municipalities.

How is Eskom going to increase its financial yield while still struggling to retrieve the R34 billion it is currently owed by defaulting municipalities?

It's true that defaulting municipalities owe Eskom in excess of R30 billion -the power utility is adopting some fierce debt-collection strategies to recoup funds.

Eskom CEO Phakamani Hadebe defended the exorbitant tariff increases by placing the blame for the company's financial calamity squarely on the shoulders of defaulting municipalities.