Ekurhuleni owes R7.3 billion but only has R2 billion left
7 billion and Rand Water R555 million as of 31 May amid a cash crisis.
Theo Neethling, of the department of political studies and governance at the University of the Free State, said Ekurhuleni’s deteriorating financial position has become another stark reminder of the governance challenges confronting local governments.7 billion, Rand Water R555 million, provincial government departments R293 million, municipalities R4.
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