Metro coffers hit by insufficient electricity purchases PREMIUM By Michael Kimberley - 24 February 2021 From a money-spinner to a drain on the coffers — that was how Nelson Mandela Bay municipality CFO Selwyn Thys described the city’s electricity services department on Tuesday. Thys made the comment during his presentation of the R13.4bn consolidated 2020/2021 adjustment budget at a joint sitting of the budget and treasury committee and mayoral committee... This article is reserved for HeraldLIVE subscribers. A subscription gives you full digital access to all our content. Already subscribed? Simply sign in below. Already registered on DispatchLIVE, BusinessLIVE, TimesLIVE or SowetanLIVE? Sign in with the same details.