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Municipalities are owed R218bn. So why are they running out of money? – Moonstone Information Refinery
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Here you will find information on the topic "Communications". Read now "Newspaper: Sirennetz in Hannover is complete".
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Municipalities are owed R218bn. So why are they running out of money? – Moonstone Information Refinery
When National Treasury stopped July’s equitable share transfer to 69 municipalities, the immediate focus was on what those municipalities owe. The Financial and Fiscal Commission (FFC), however, told Parliament last week that looking only at municipal debt misses a much bigger problem. Dr Patience Nombeko Mbava (pictured), the chairperson of the Commission, described local government as “a system that has stopped paying itself”. Municipalities a…
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Total News Sources2
Leaning Left1Leaning Right0Center0Last UpdatedBias Distribution100% Left
Bias Distribution
- 100% of the sources lean Left
100% Left
L 100%
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