Radebe speaks on settlement reached between ELM and Randwater
“This agreement not only resolves the immediate financial impasse but also paves the way for the uninterrupted establishment of the Partnership between Emfuleni and Rand Water under the Special Purpose Vehicle (SPV)."
SEDIBENG. – The Executive Mayor of Emfuleni Local Municipality (ELM), Sipho Radebe recently announced his delight in announcing a landmark settlement agreement between ELM and national water supplier Rand Water.
The settlement, Radebe said, was facilitated through the Intergovernmental Relations (IGR) Forum.
This agreement is said to have resulted in the upliftment of ELM’s bank accounts, marking a significant step towards stabilising the municipality’s financial position and ensuring the continued provision of water and sanitation services to our communities.
“We extend our sincere gratitude to the Gauteng MEC for Cooperative Governance and Traditional Affairs (COGTA), Hon. Jacob Mamabolo, for his leadership and continued support in ensuring a constructive and solution-driven engagement between the parties. The key terms of the Agreement include an initial payment of R660 million has been made to Rand Water. There will be further engagement,” the ELM said.
The parties are said to have have committed to reconvene in September to finalise a sustainable payment plan that is mutually acceptable.
“This agreement not only resolves the immediate financial impasse but also paves the way for the uninterrupted establishment of the Partnership between Emfuleni and Rand Water under the Special Purpose Vehicle (SPV), a critical intervention aimed at accelerating the restoration of water and sanitation infrastructure in Emfuleni.”
Radebe said that he views this settlement as a pivotal milestone in the municipality’s broader efforts to address infrastructure challenges and improve service delivery.
“This agreement is a symbol of what can be achieved through collaborative governance and constructive dialogue. It represents a major leap forward in our mission to restore the dignity of the people of the Vaal by ensuring reliable water and sanitation services,” said Mayor Radebe.”
Radebe commend the following leaders and institutions for their commitment to finding an amicable resolution:
- Rand Water Board Chairperson, Ramateu Monyokolo, and Group Chief Executive Sipho Mosai.
- Emfuleni (ELM) Municipal Manager (MM), April Ntuli, and the leadership of both institutions.
