Skip to content
Godongwana blinks first as frozen municipal billions released

Godongwana blinks first as frozen municipal billions released

By GhanaSummary NewsroomSouth Africa

Finance minister tried 'No more Mr Nice Guy' freezing equitable share transfers but bowed to reality towns lacked money to pay workers.

Finance Minister Enoch Godongwana may have tried to play “No more Mister Nice Guy” for a while in freezing municipal equitable share transfers… but, effectively, he blinked first and had to back down.

The freezing of funds has forced payments for basic supplies of electricity and water, but robbing Peter to pay Paul will result only in an accelerated collapse of other services, not to mention that the money is going to have to be found somewhere.

Share:XFacebookWhatsApp

This is a summary of the original articles listed below. Always read the source articles for the full context. GhanaSummary does not create or modify the news — we summarise and link to original publishers.

Original Sources (1)

More from South Africa