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This is how treasury will write off Eskom’s crushing municipal debt

Pylons in Lekwa Municipality. By 2021, Lekwa had racked up north of a billion rand in debt to Eskom. (Delwyn Verasamy/M&G)

The treasury also hopes to change the behaviour of local government officials and restore financial management best practices

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Content contributor at AFAL [African Alert]. Kevin is a passionate copywriter who is searching for fresh content every day.

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