Monday, October 12, 2026
  • Login
The Southern African Times
  • Home
  • Southern Africa
  • Business
    • African Start ups
    • African Continental Free Trade Area
  • Technology
    • Lifestyle
      • Health
      • Culture
      • Food and Drink
      • Entertainment
  • Opinion
  • Sports
  • SAT Jobs
    • Events
  • About Us
    • Advertise with Us
    • Contact Us
No Result
View All Result
  • Home
  • Southern Africa
  • Business
    • African Start ups
    • African Continental Free Trade Area
  • Technology
    • Lifestyle
      • Health
      • Culture
      • Food and Drink
      • Entertainment
  • Opinion
  • Sports
  • SAT Jobs
    • Events
  • About Us
    • Advertise with Us
    • Contact Us
No Result
View All Result
The Southern African Times
No Result
View All Result
Home in Southern Africa

Rand Water Writes Off Millions as Municipal Debts Mount

by Farai Muvuti
December 28, 2024
in in Southern Africa, South Africa
0
Rand Water Writes Off Millions as Municipal Debts Mount

Rand Water Services Pty Ltd, Africa’s largest bulk-water supplier, has written off R382.3 million (£20 million) in the financial year ending June, due to non-payment by South African municipalities. This impairment reflects a 12% increase in net debt, bringing the total owed by these municipalities to R4.4 billion. Emfuleni, known for hosting the nation’s largest steelmaking operations, accounts for approximately 25% of this outstanding amount.

Water Minister Pemmy Majodina expressed concern, stating that non-payment by local municipalities “poses a threat to the sustainability of water boards.” She is collaborating with the ministers of finance and cooperative governance to address the issue. In a bid to enforce payment for essential services, the National Treasury announced plans to withhold funds from five councils in December over unpaid water bills; among them are Merafong and Victor Khanye, both serviced by Rand Water.

South Africa is contending with a deepening water crisis, largely attributed to decades of underinvestment and inadequate maintenance by municipal authorities. In October, Rand Water cautioned that Gauteng province—which encompasses Johannesburg and Pretoria—could face water shortages unless consumption was immediately reduced. The South African Reserve Bank has also highlighted that the deterioration of energy, transport, and water infrastructure under municipal management poses a significant risk to the nation’s financial system.

ADVERTISEMENT

Serving approximately 18 million people through 17 municipalities and numerous industrial clients across four provinces, Rand Water is exploring alternative energy sources to lessen its dependence on Eskom, the state-owned power utility. This initiative follows a 19% surge in power costs, prompting the company to consider renewable energy options such as solar and hydropower.

Municipal debts are not confined to water services; as of November, municipalities nationwide owed Eskom R95.4 billion, marking a 28% increase since March. Energy Minister Kgosientsho Ramokgopa recently described this escalating debt as an “existential problem,” underscoring the critical need for financial discipline to ensure the sustainability of essential service providers.

 

Tags: EmfuleniEskomGautengInfrastructuremunicipal debtPublic ServicesRand Waterrenewable energySouth Africawater crisis
Previous Post

Zimbabwe’s Inflation Rate Drops to 3.7% in December, Signalling Stabilisation Efforts

Next Post

Africa’s £7 Billion Rail Revolution: Transforming Connectivity Across 60 Cities and Beyond

Farai Muvuti

Related Posts

IMF and Zambia Reach Staff-Level Agreement on $1.47 Billion Financing Programme
Finance

IMF and Zambia Reach Staff-Level Agreement on $1.47 Billion Financing Programme

by Times Reporter
October 12, 2026
South Africa Blames Disinformation as Anti-Migrant Protests Turn Violent
in Southern Africa

South Africa Blames Disinformation as Anti-Migrant Protests Turn Violent

by Times Reporter
October 9, 2026
Solar Industries Establishes Botswana Subsidiary with US$325,000 Initial Investment
Botswana

Solar Industries Establishes Botswana Subsidiary with US$325,000 Initial Investment

by Times Reporter
October 9, 2026
EU Suspends Some Namibian Beef Imports After Foot-and-Mouth Disease Outbreak
in Southern Africa

EU Suspends Some Namibian Beef Imports After Foot-and-Mouth Disease Outbreak

by Times Reporter
October 6, 2026
Stanbic and Standard Bank Secure Financing for Chirundu Border Post Modernisation
in Southern Africa

Stanbic and Standard Bank Secure Financing for Chirundu Border Post Modernisation

by Times Reporter
October 6, 2026
Next Post
Africa’s £7 Billion Rail Revolution: Transforming Connectivity Across 60 Cities and Beyond

Africa’s £7 Billion Rail Revolution: Transforming Connectivity Across 60 Cities and Beyond

Browse by Category

  • Africa AI
  • African Continental Free Trade Area
  • African Debt
  • African Start ups
  • Agriculture
  • AI Africa
  • Algeria
  • All News
  • Analysis
  • Angola
  • Arts / Culture
  • Asia
  • Botswana
  • BOTSWANA
  • BREAKING NEWS
  • BRICS
  • Burkina Faso
  • Burundi
  • Business
  • Business
  • Business Wire
  • Cameroon
  • Central Africa
  • Chad
  • China
  • Climate Change
  • Climate Changev
  • Community
  • Congo Republic
  • Conservation
  • Côte d’Ivoire
  • COVID 19
  • CRYPTOCURRENCY
  • Culture
  • Democratic Republic of Congo
  • Diplomacy
  • Eastern Africa
  • Economic Development
  • Economy
  • Education
  • Egypt
  • Elections 2024
  • Energy
  • Entertainment
  • Environment
  • Eritrea
  • Ethiopia
  • Europe
  • Fashion
  • Feature
  • Finance
  • Financial Inclusion
  • Food
  • Food and Drink
  • Foods
  • GABON
  • Ghana
  • Global
  • Global Africa
  • Guinea
  • Health
  • Humanitarian Aid
  • Immigration
  • in Southern Africa
  • International news
  • International Relations
  • Investment
  • Ivory Coast
  • Just In
  • Kenya
  • Lesotho
  • Libya
  • Life Style
  • Lifestyle
  • Literature
  • Malawi
  • Malawi
  • Mali
  • Markets
  • Mauritius
  • Middle East
  • Mining in Africa
  • Morocco
  • Mozambique
  • Namibia
  • Niger
  • niger
  • Nigeria
  • North Africa
  • North-Eastern Africa
  • Obituaries
  • Obituary
  • Opinion
  • PARTNER CONTENT
  • Politics
  • Property
  • Racism
  • Rwanda
  • Rwanda
  • SADC
  • SAT Interviews
  • SAT Investigation
  • SAT Jobs
  • Saudi Arabia
  • Senegal
  • Seychelles
  • Somaliland
  • South Africa
  • South Sudan
  • Sports
  • Startup Africa
  • STOCK EXCHANGE
  • Sudan
  • Sustainability
  • Sustainablity
  • Tanzania
  • Technology
  • Telecommunications
  • The Editorial Board
  • The Power Of She
  • Togo
  • Trade
  • Travel
  • Travel
  • Tunisia
  • Uganda
  • Uncategorized
  • Wealth
  • West Africa
  • World
  • World
  • ZAMBIA
  • Zambia
  • Zimbabwe
  • ZIMBABWE

Browse by Tags

#NewsUpdate #SouthAfrica #SouthernAfricanTimes #TheSouthernAfricanTimes AfCFTA africa African Continental Free Trade Area African development African economies African economy African Union Agriculture Angola Botswana China Climate change critical minerals Cyril Ramaphosa Economic Development economic growth energy transition industrialisation Inflation Infrastructure Infrastructure Development International relations Investment Kenya Mining Mozambique Namibia news Nigeria Regional Integration renewable energy Rwanda SADC South Africa Southern Africa Southern African Times sustainable development Tanzania west africa Zambia Zimbabwe
ADVERTISEMENT

WHO WE ARE

The Southern African Times is a regional bloc digital newspaper that covers Southern African and world news. The paper also gives a nuanced analysis on news and covers a wide range of reporting which include sports, entertainment, foreign affairs, arts and culture.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
  • Home
  • Southern Africa
  • Business
    • African Start ups
    • African Continental Free Trade Area
  • Technology
    • Lifestyle
      • Health
      • Culture
      • Food and Drink
      • Entertainment
  • Opinion
  • Sports
  • SAT Jobs
    • Events
  • About Us
    • Advertise with Us
    • Contact Us