- Advertisement -spot_img

Rand Water may demand R2.5bn deposit as Joburg Water defaults on payments

- Advertisement -spot_img

Must read

By Charmaine Ndlela

Rand Water, the bulk water supplier to Johannesburg, is preparing to exercise an option to demand a three months’ deposit of about R2.5 to R2.7 billion from Johannesburg Water after repeated missed payments by the city’s water utility, civic group WaterCAN said.

WaterCAN said it was told in discussions with the Presidential Johannesburg Working Group on Wednesday that Johannesburg Water is not only failing to pay contractors, but that Rand Water may now demand a deposit as the utility continues to fall behind on payments for bulk water purchases.

WaterCAN Executive Director Dr Ferrial Adam said the unavoidable conclusion is that neither Johannesburg Water nor the City of Johannesburg is currently capable of managing the city’s spiralling water and associated debt crisis.

“This much is clear and why we think that the President’s water committee must intervene. Johannesburg Water cannot pay contractors and currently owes creditors approximately

You’ve reached your free article limit

Subscribe to enjoy unlimited access to trusted journalism. Cancel anytime.

Subscribe now

Need help? molokom@insidepolitic.co.za

More articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Inside Education E-edition August 2026

spot_img

Services Seta 2026

spot_img

CATHSSETTA

spot_img

AVBOB STEP 12

spot_img

Inside Metros G20 COJ Edition

spot_img

JOZI MY JOZI

spot_img

QCTO

spot_img

Latest article