Joburg has just 12 days’ cash buffer amid Eskom and Rand Water payment pressures, Morero warns

Joburg has just 12 days’ cash buffer amid Eskom and Rand Water payment pressures, Morero warns

Johannesburg mayor Dada Morero says the City is working to strengthen revenue collection and improve cash flow management as it awaits National Treasury funds to settle outstanding payments to Eskom and Rand Water.

Joburg residents urged to store water ahead of planned Rand Water maintenance

Johannesburg residents are being encouraged to store enough water ahead of Rand Water’s second phase of planned maintenance, which is scheduled to begin on Friday. The 12-hour maintenance operation is expected to result in low water pressure or complete water outages in several parts of the city as the system undergoes essential work. Joburg Water spokesperson Nombuso Shabalala said that while the maintenance is expected to last 12 hours, the re…

Joburg faces cash crunch as Mayor Dada Morero reveals city has 12 days of reserves

Johannesburg Mayor Dada Morero says the city has only 12 days of cash left as it awaits a National Treasury transfer to pay Eskom and Rand Water bills.