The eThekwini Municipality's Electricity and the Water and Sanitation Trading Service will submit Business and Investment Plans and Performance Improvement Action Plan Version 2 (PIAP V2) to the National Treasury.
eThekwini councillors have approved the Business and Investment Plans and Performance Improvement Action Plan Version 2 (PIAP V2) for the Electricity and the Water and Sanitation Trading Service at a council meeting on Monday.
Councillors were warned that failure to approve the plans would undermine the intended institutional reform trajectory and weaken accountability arrangements for the National Treasury Metro Trading Services Reform Programme (MTSRP). The city also could have been excluded from the MTSRP and lost approximately R1 billion in performance-based incentive grant funding.
The municipality, in its report before council, has successfully progressed through the initial compliance requirements of the MTSRP and has received the first tranche of incentive funding.
The current programme milestone requires the municipality to submit council-approved documentation by June 30, 2026, as evidence of compliance with minimum commitments for both electricity and energy, and water and sanitation trading services.
