City of Tshwane threatens legal action against Eskom over R1.17 billion bill
has threatened legal action against Eskom, should the power utility disconnect the capital’s power over its outstanding R1.17 billion bill.said in a statement that it would commence the process of disconnecting the city and act in line with the Intergovernmental Relations Framework Act .
According to MMC of Finance Peter Dutton, the City is currently owed over R49 million by municipalities and this is what led to lack of payments. He said disconnecting services would be illegal and should this happen, the City would interdict Eskom from proceeding. “As communicated previously, due to the liquidity challenges of the City, we do not have access to reserve funds or short-term loan funding to bridge the cash deficit we are experiencing,” said Dutton.
“It remains important that we increase our revenue-collection levels to resolve the liquidity problem in the City. We therefore appeal to residents, businesses and other clients to pay their municipal accounts on time so that the City can be able to pay creditors like Eskom.”
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Eskom rejects City of Tshwane's payment arrangement on outstanding bill - disconnection looms | The CitizenAccording to a statement by Eskom, the city has breached its supply agreement, and erratic payments means it will be disconnected.
Read more »
GROUNDUP WOLWESPRUIT EXPULSION: Pretoria shack dwellers face eviction from occupied landAbout 300 people in Erasmuskloof, Pretoria East, live on land owned by the City of Tshwane.
Read more »
OFFICIAL: Chelsea confirm R1.3bn signingOFFICIAL: Chelsea have now officially confirmed their latest signing, who joins at a reported fee of £70 million (R1.3 billion). ✍ More here! ➡
Read more »