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News
Joburg settles R5.25bn Eskom debt, but questions remain over how it was funded
1+ week, 5+ day ago (797+ words) The immediate crisis may have passed, but Johannesburg's underlying governance challenges have not - OUTA. Image: Timothy Bernard | Independent Newspapers The immediate threat of electricity supply interruptions to parts of Johannesburg has been removed after the City settled R5.25 billion in overdue…...
Johannesburg’s R72bn unpaid bills fuel municipal finance ‘doom loop’
2+ week, 3+ day ago (936+ words) Johannesburg is increasingly spending on the assumption that money it bills residents and businesses will eventually arrive, even as its mountain of unpaid debt grows and much of it becomes unlikely to ever be collected. Image: Mark Lewis | CDE The…...
Body corporate wins over R34,000 debt recovery against Joburg homeowner in levy dispute
2+ week, 6+ day ago (723+ words) Body corporate wins legal battle over R34,000 debt after homeowner challenges amount. A Johannesburg homeowner has failed in a bid to derail a body corporate’s claim for more than R34,000 in outstanding levies and related charges after the High Court dismissed her…...
SA man living in Netherlands in legal battle to access almost R790k retirement savings
3+ week, 4+ day ago (1395+ words) Dutch-based South African wins appeal for R789,000 retirement annuity. The Financial Services Tribunal has set aside a ruling that blocked a Dutch-based South African from accessing his retirement annuity benefit of almost R790,00 finding that the Pension Funds Adjudicator had failed to…...