PMBCB's Melanie Veness: Approaching courts to end municipal corruption by capping their electricity price increases

Loading player...
PMB's organised business CEO Melanie Veness explains why her chamber, in partnership with its NMB counterpart, has drawn a very distinct line in the sand on electricity prices. The chambers are tackling the National Energy Regulator in court in an attempt to force it to rein in profilate municipalities. By getting the courts to forcing the regulator to apply the law in determining electricity oprice increases, muncipalities will no longer be able to milk ratepayers with excessive price increases to cover corruption and inefficiencies. Learn more about your ad choices. Visit megaphone.fm/adchoices
19 Jan 2022 3PM English South Africa Investing · Business News

Other recent episodes

Joburg whistleblower: Looters should be charged with terrorism

In this interview with Chris Steyn, City of Johannesburg whistleblower Stephanus Fourie warns that a new administration will not be able to root out entrenched mismanagement and corruption without drastic action. “Unless you catch the criminals and you lock them up and you take back everything that they've taken from…
26 Oct 6AM 26 min

BN Edge | CEO Sean Summers: Pick n Pay's long road back from the brink

Three years ago, Sean Summers said, the talk at South African braais was whether Pick n Pay would survive at all. On results day, with the supermarket business still losing R516 million in six months and break-even pushed out to 2029, he told Alec Hogg why he wasn't in a…
26 Oct 7AM 31 min