Eskom Denies Reports That Zimbabwe Paid US$10 Million For Electricity

South Africa’s Power Utility, Eskom has denied reports that it has received a US$10 million payment from Zimbabwe.

According to a report by a South African online publication, Fin24, Eskom group CEO Phakamani Hadebe has refuted those claims. The report reads:

Eskom said in a statement on Friday that it was yet to receive any money from Zimbabwe as of 15:00 on Friday.

Fin24 reported on Monday that the Zimbabwe government said it would this week pay US$10m to Eskom as part of plans to unlock at least 400MW to ease power shortages in the country.

… “We will be paying Eskom US$10m this coming week”, Finance Minister Mthuli Ncube told an informal media briefing Sunday.

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Eskom group CEO Phakamani Hadebe, however, indicated in the latest statement that only once Eskom has received the funds, will it then enter into further discussions with Zesa.

More: Fin24