City of Joburg pays over R5 billion to Eskom, and the Department of Higher Education meets with major university in South Africa

BusinessTech | 22-08-2026 07:37am |

The City of Johannesburg has paid over R5 billion to Eskom, the national electricity supplier, as part of its ongoing efforts to settle its debt. In a related development, the Department of Higher Education has held a meeting with a major university in South Africa. These are among the five important developments affecting the country on Saturday, 22 August 2026. The payment to Eskom is seen as a step towards resolving the financial challenges between the municipality and the power utility.

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