Eskom Confirms Receiving Payment From ZESA (US$10 Million)

South Africa’s power utility, Eskom said that it had received the much-talked-about US$10 million from the Zimbabwe Electricity Supply Authority (ZESA).

In a statement issued on Tuesday (today), Eskom said:

Tuesday, 02 July 2019: Eskom confirms that the payment made by Zimbabwe is reflecting in its account today.

Discussions will continue with the Zimbabwe Electricity Supply Authority (ZESA) to find a mutually beneficial solution to the outstanding debt.

Eskom is a commercial operation and will be guided by the contracts we have in place with ZESA.

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Earlier today, Energy Minister Chasi tweeted that the payment had gone through.