On 5 December 2013, Afrikaans business rights watchdog organisation, AfriSake, initiated court proceedings to prevent a contract between the City of Tshwane (Pretoria) and private service provider PEU Capital Partners (Pty) Ltd (PEU) from proceeding. The contract, with service fees to PEU estimated to be in excess of R27-billion over the contract period, was established in May 2013, when the City of Tshwane approved a 10-year arrangement to outsource its entire electricity metering and revenue collection activity to a private company, PEU… (more)

Advertisements