Municipalities in three provinces owe waterboards more than R10bn, officials scrambling to address debt

Municipalities in three provinces owe waterboards more than R10bn, officials scrambling to address debt

Councils in three of the country’s poorest provinces collectively owe waterboards more than R11 billion. Added to this, a staggering R60 billion in municipal infrastructure grants, much needed to upgrade infrastructure, is not being effectively spent by councils and is being returned to the National Treasury.

Jason Felix
www.news24.com

Jason Felix
Author: Jason Felix

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