# Johannesburg mayor Dada Morero has allegedly buried reports which shows that City Power has been hampering the metro’s ability to provide services for years. According to News24, the reports show that as of 30th September 2024, City Power had a 16.3-billion-rand negative bank balance. According to the Auditor General, the power utility made a 2.8-billion-rand net loss in the 12-months ending 30th June 2024. The metro’s Nthatisi Modingoane says these claims are false and misleading, adding that they are fully committed to transparency and accountability.
Joburg mayor has reportedly concealed reports of City Power’s negative bank balance