CITY POWER BOARD MEMBERS NOT TO RECEIVE BONUSES FOR LAST FINANCIAL YEAR

JOHANNESBURG- The board of directors in City Power have said all members of the utility’s executive management committee and general managers will not receive bonuses for the last financial year.

The reason for this the board felt the executive management committee did not achieve its goals and targets for the year.

Nico De Jager Johannesburg MMC for Environment and Infrastructure said,  “We believe that they still have a long way to go in improving service delivery in City Power and, therefore, they will not be taking or paying any bonuses.”

Other employees from the company from the level of manager and below are still in line for bonuses but only too those who performed well.

Photo Credit- Randburg Sun

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