Rand Water is heading to court over debts owed to it by municipalities, saying it is deeply concerned about an ongoing failure by municipalities to respect their bulk water purchase and debt settlement agreements.
The water utility operates without any form of allocation from the national fiscus, relying solely on funds collected from its customers, primarily municipalities.
“Nonpayment of bulk water by municipalities vastly threatens Rand Water’s financial position and is a direct threat to its medium and long-term sustainability,” the entity said. “The sustainable provision of clean and reliable water supply to millions of South Africans hinges on the responsible fulfilment of bulk water purchase agreements.
“We urge all municipalities, including the City of Tshwane, Emfuleni LM, Rand West LM, Merafong LM, Ngwathe LM, Govan Mbeki LM and Thembisile Hani LM, to recognise the gravity of the situation and take immediate steps to rectify their financial obligations.”Repeated attempts to reach negotiated payment plans with errant municipalities have failed.“Rand Water finds itself with no alternative but to pursue legal recourse through court proceedings to enforce adherence to the existing agreements.
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.
Bulk Water System burst results in water pressure disruptions in OtteryThe Water and Sanitation Directorate has detected a burst in part of its Bulk Water System in George Road, Ottery. The burst affects numerous households within the area, which will experience low or no water pressure, according to Councillor Zahid Badroodien, mayoral committee member for water and sanitation.
Read more »
Mhlathuze, Umgeni Water to mergeMhlathuze Water will be merged with Umgeni Water at the end of the week. ECRNewsWatch KZN
Read more »
South African rand firms as investors assess Russia impactThe South African rand was slightly stronger in early trade on Monday, as investors watched for potential ripple effects of the aborted weekend mutiny in Russia.
Read more »
Rand firms on Monday[CURRENCY] At 11:30, the rand traded at R18.67 against the dollar, as investors watched for potential ripple effects of the aborted weekend mutiny in Russia. Moneyweb Currency
Read more »
South African rand jumps 1% as investors assess Russia impactThe South African rand gained 1% on Monday, as investors watched for potential ripple effects of the aborted weekend mutiny in Russia.
Read more »
South African rand jumps as investors assess Russia impactThe South African rand gained against the dollar on Monday, as investors watched for potential ripple effects of the aborted weekend mutiny in Russia.
Read more »