debt write-off

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Local

Four Western Cape municipalities qualify for Eskom debt write-off

Western Cape MEC for Finance, Deidré Baartman, has praised four municipalities for qualifying for Eskom debt write-offs. Matzikama Municipality will have R37.7 million written off, Cederberg Municipality R15 million, Kannaland Municipality R14.8 million, and Beaufort West Municipality R25.6 million. Baartman highlighted the role of the provincial Treasury’s analysts, who provided oversight, support, and advice to help municipalities comply with Eskom’s conditions. Energy analyst Chris Yelland explained the initiative, “National Treasury […]

today25 January 2025

Local

NSFAS set to write off debt of more students, says administrator

Amid protests at universities across the country over historic debt, the National Student Financial Aid Scheme (NSFAS) says it has paid out money to institutions and will again open applications soon. During a visit by Higher Education Minister Blade Nzimande to NSFAS' offices in Cape Town, the scheme's administrator, Randall Carolissen, explained what had happened to the almost R1bn the department had announced in March last year to settle the […]

today12 February 2020

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