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The latest agreement was supported in court by energy regulator Nersa, and the minister of finance and Free State MEC for finance have been ordered to appear in court on June 8. They will be required to indicate whether the provision in the agreement that the municipal electricity revenue will be paid directly into Eskom’s bank account is reason not to make the court’s earlier order final. Commentators earlier pointed out that municipal legislation requires that all municipal revenue be paid into the municipality’s principal bank account. Attorney MC Botha of Joubert Galpin Se...

MONEYWEB app instead? Suffer the consequences of inadequate maintenance by their local municipality. By Palesa Mofokeng 6 May 2021  11:30  A resident in the Tshirela says they are going into their fourth week without electricity. Image: Shutterstock Dark times persist for many Vaal residents as the Emfuleni Local Municipality (ELM) battles to keep the lights on. Old infrastructure, cable theft and burnt transformers are among the long list of issues that Emfuleni attributes as the causes of the power cuts that are continuously affecting the area. INSIDERGOLD Subscribe for full access t...