City on edge of precipice
Feb 07, 2021
2 minutes
SIBONISO MNGADI siboniso.mngadi@inl.co.za
THE eThekwini municipality has suffered a severe financial loss due to the decline in revenue collection after it had offered Covid-19 relief to the ratepayers.
According to the recent budget statement, the City's cash on hand to render basic services has dramatically declined over the past months and could only last for 27 days, excluding cash
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