allAfrica.com

South Africa: City Manager Insists Joburg Is Financially Sound During Grilling in Parliament

[Daily Maverick] 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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