Event Brief
Company owes metro R45m after irregular transformer lease
Filed: May 14, 2026 at 5:06 PM ET
Summary: Nelson Mandela Bay metro says a company that leased a municipal asset irregularly now owes R45m, including R11.9m electricity arrears.
WHO: Nelson Mandela Bay metro
WHAT: Metro says the company that irregularly leased a municipal asset now owes R45m, including R11.9m electricity arrears.
WHEN: May 14, 2026 at 6:38 PM ET
WHERE: Nelson Mandela Bay
WHY: The company failed to pay its electricity bill after the irregular lease of a municipal asset.
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