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Comment on CoJ finances ‘a horror show’ – Scopa member by Johan Buys

Johan Buys·Moneyweb·2026-06-03 16:31:13·1 view

A family with moderate usage of 400kWh on small single phase connection would have a bill of about R1,100 per month. That R9b debt write-off implies almost 700,000 households (or over a third of households) are billed but do not or cannot pay. There is no financially feasible way out of this mess when that many people cannot pay. There is no politically feasible solution to make over 2 million people to start paying.

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