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The City of Johannesburg and City Power have noted the recent Johannesburg High Court order in favour of Eskom regarding the payment dispute between the parties.
The City and City Power believe that critical aspects of the evidence were not fully considered by the court in reaching its conclusion. While we accept and respect the court’s decision, the City reserve the right to appeal the ruling.
It should be highlighted that despite City Power’s efforts to engage in mediation and exhaust all Inter-Governmental Relations (IGR) dispute resolution processes to resolve the matter, Eskom bypassed these avenues and rushed to court to seek a resolution.
It is equally crucial to highlight that Eskom currently owes City Power a substantial amount of R3.4 billion, underscoring the complexity of the dispute and the necessity for a comprehensive and fair resolution process.
Legal teams have been briefed and the appeal has been lodged as the City of Johannesburg and City Power believe that a full bench will find differently.
Issued by the City of Joburg
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