Eskom drags City Power to court over escalating R1 billion debt

Eskom has applied to the Gauteng High Court in Johannesburg for a declaratory order to force City Power to pay its R1 billion debt.  City Power, which supplies residents under the City of Johannesburg Metropolitan Municipality, is defaulting on its payments.  CITY POWER OWES ESKOM R1 BILLION  On Monday, 6 May, Eskom said the matter … Read more

City of Johannesburg warns defaulting businesses and property owners

Municipal authorities in the City of Johannesburg have warned thousands of defaulting residential property owners and businesses that they face blacklisting if they fail to settle their debts, which collectively amount to over R40 billion. With a mounting municipal debt exceeding R52 billion, the city has launched aggressive credit control campaigns to tackle the issue … Read more