ANALYSIS: Supreme Court of Appeal’s December ruling on municipal debt pushes Eskom further into a tight corner

One of the major threats to our nation’s future is Eskom’s financial hole – its crippling debt impairs its ability to generate enough electricity to keep the economy going. To make matters worse, the Supreme Court of Appeal recently denied Eskom the legal authority to cut off the municipalities that owe money for the electricity they have on-sold to consumers.