THE Zimbabwean Electricity Supply Authority (ZESA) has agreed to settle a debt owed to South African counterpart Eskom and began the process with a sizeable payment in October, Eskom said this week. Eskom said ZESA’s decision followed a day long workshop between the two firms in October where it was decided that the long-standing multi-million dollar debt should be paid. Following the meeting, ZESA made a considerable payment to Eskom, the company said. However, it did not specify how much was repaid and gave no deadline for the remaining sums due. Eskom supplies roughly a third of Zimbabwe’s electricity, but in June threatened to cut power supplies because ZESA had failed to repay some $20m in debt. – AFP
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