Finance Peter Sutton News Today

In the latest news in South Africa on Thursday 25 May ,Eskom workers demand a 12% salary increase and other benefits.

The Council sitting in Tshwane had to be adjourned after the EFF stormed in with placards complaining about the Hammanskraal water crisis.

Meanwhile, the Tshwane municipality announced during its budget speech by MMC for Finance Peter Sutton that a whopping R450 million had been allocated towards upgrading works at the Rooiwal Waste Water Treatment Plant over a three-year period.

A private school in Tshwane is one of three businesses which have been fined R10 million each for illegal connections.

The City of Tshwane says it will pay off the R1 billion outstanding debt owed to Eskom before the end of September.

The City of Tshwane will not take threats by Eskom to disconnect their power, stating they will take legal action should this happen.

Eskom says that the City of Tshwane is behind in its payments and must settle R1.6bn immediately.

Tshwane residents who have tampered with water or illegal electricity connection can now redeem themselves for the next two months.

Municipal tariff hikes kicked in on 1 July and with ratepayers having to fork out a little more for their services, many say they are battling to see the value for their hard-earned money. Municipalities say they are in a catch-22 situation, saying that non-payment affects service delivery.

The aggressive revenue collection has seen several departments disconnected by Tshwane with close to R500 million recovered so far.