South Africa's biggest city Johannesburg has fully settled an overdue debt of R5.25-billion owed to State-owned power utility Eskom, the electricity department said on Friday. The settlement follows a government-led mediation process to resolve a long-running billing dispute that had threatened to see electricity supply throttled to the economic hub of Africa's biggest economy.

The settlement follows a government-led mediation process to resolve a long-running billing dispute

The City of Johannesburg has settled the entirety of its overdue electricity debt to Eskom, closing out a R5.25 billion arrears dispute that had put the city's power supply at…