‘City Power is open for business’: Joburg hosts its first Energy Indaba

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Johannesburg mayor Mpho Phalatse said R26bn is needed to help fix City Power’s infrastructure, but the entire capital budget is R7.7bn, which includes not only electricity but other infrastructure such as water and roads.

Johannesburg mayor Mpho Phalatse opened the first Energy Indaba at the Sandton Convention Centre on Monday.Johannesburg executive mayor Mpho Phalatse said R26bn is needed to help fix City Power’s infrastructure, but the entire capital budget is R7.7bn, which includes not only electricity but other infrastructure such as water and roads. She was speaking at the first Joburg Energy Indaba on Monday.

Phalatse said in her opening speech Eskom has over the past few days “subjected” the country to stage 2 load-shedding daily between 5pm and 10pm. “I do not have to remind you of the tariff increases that have been imposed on the end-user, and it is well-established that Eskom’s price path is not sustainable for the end-user.

The mayor said for the city to meet the necessary requirements in the shortest possible time, a collaboration was needed.

 

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