1 min readBy Chris Yelland
FORMULA FOR FAILURE OP-ED: Fenced in — why City Power’s ‘ringfencing’ in Joburg is a 30% revenue grab
City Power’s new 70/30 revenue split isn't ringfencing; it’s an arbitrary top-line tax. Without structural funding reform, Johannesburg’s power utility faces guaranteed insolvency.
By Chris YellandSouth Africa
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City Power’s new 70/30 revenue split isn't ringfencing; it’s an arbitrary top-line tax. Without structural funding reform, Johannesburg’s power utility faces guaranteed insolvency.
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About this article
- Length
- 23 words · 1 min read
- Published
- September 30, 2026
- Byline
- Chris Yelland
- Source
- Daily Maverick