BUDGET UNDER SCRUTINY: City manager insists Joburg is financially sound during grilling in Parliament | Collector

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BUDGET UNDER SCRUTINY: City manager insists Joburg is financially sound during grilling in Parliament

Daily Maverick

BUDGET UNDER SCRUTINY: City manager insists Joburg is financially sound during grilling in Parliament

Facing threats from Finance Minister Enoch Godongwana to withhold funding, Johannesburg’s city manager, Dr Floyd Brink, told Parliament that rising revenue collections had stabilised the city’s finances. But its municipal entities have written off at least R45bn in fruitless and wasteful expenditure.

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