Daily Maverick
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.
Shown as published in the source's RSS feed. IndiaAIFounders doesn't link out to third-party sites — this is the complete detail available from the feed itself.