Johannesburg walking a financial tightrope after Treasury payments approved
The Johannesburg municipality will be receiving its equitable share grant from National Treasury, but it may not be enough to keep the lights on.
Johannesburg is far from in the clear, with Fish highlighting that Eskom will make its decision on Johannesburg’s R5 billion debt by 28 July.
A joint standing committee on finance, appropriation and public accounts on Friday heard that Johannesburg was one of at least 27 municipalities that would receive its equitable share grants from National Treasury, either partially or in full.
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