The CitizenJoburg has a R44bn City Power problem
Funds paid by residents for electricity are swept into a common pool for use elsewhere, which helps explain the surge in outages.
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The CitizenThe CitizenCoJ finances ‘a horror show’ – Scopa member
AG says CoJ wrote off R9bn in consumer debt, while City Power incurred R5.7bn in electricity losses and Johannesburg Water R2.8bn from water losses.
The CitizenJoburg street lights switched off over electricity debt
City Power's SPU accounts, which go towards keeping the street lights on, are in arrears.