"When running at a loss, you can't do your work properly, can't do upgrades and carry out essential maintenance.
"You also start raiding other sources of income and cut back on work that is not essential for that moment."
The entity currently has a R44 billion infrastructure backlog for refurbishments and replacement of ageing equipment and resources. Spokesperson for City Power Isaac Mangena admits the entity does not have the budget to eliminate the backlog.
This story is from the December 20, 2024 edition of The Citizen.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the December 20, 2024 edition of The Citizen.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
Kwena a huge talent
WALTER: MUST ALLOW YOUNG FAST BOWLER SPACE TO THRIVE AND GROW
Bulls shake up their loose trio
The Bulls are hoping to use the learnings they picked up in two Champions Cup defeats over the past two weekends, to help them get a win over a Springbok-laden Sharks in their United Rugby Championship (URC) clash at Kings Park in Durban this evening (kick-off 6pm).
Sacha ready to put in a big shift
URC: FOCUSED ON HELPING WITH A STORMERS REVIVAL
Aussie feel to two French Top 14 clubs
La Rochelle host Clermont in the French Top 14 today with an Australian feel to both clubs' hefty second rows.
Lions place strong focus on tightening up their defence
The Lions will be looking to shore up their leaky defence when they take on the Stormers in their United Rugby Championship (URC) match-up at the Cape Town Stadium today (kick-off 3.45pm).
Sharks must get bite back
The Sharks are aiming to bounce back in their United Rugby Championship (URC) encounter against the Bulls at Kings Park in Durban today (kick-off 6pm), after a disruptive week.
India hold the whip hand in world cricket
Pakistan's loss of several Champions Trophy matches underlines India's dominance of cricket - and that \"stranglehold\" could tighten with an Indian now heading the global governing body.
Fourie to call the shots
STORMERS: VETERAN NAMED SKIPPER AS KEY STARS RETURN TO FACE LIONS
Konstas drawn into Aussie mix
CHANCE: TEENAGE OPENER IN SIZZLING DOMESTIC FORM
Retiring Ashwin is one of the 'all-time greats'
Spinner Ravichandran Ashwin (below) will go down as one of India's greatest players after retiring from international cricket this week aged 38.