Joburg finance chief urges private sector to assist in revitalising city

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 63%

Business News News

Dada Morero unveils R80.9bn budget for 2023/24, but says the city needs R4.3bn a month

City of Johannesburg finance head Dada Morero tabled a R80.9bn budget for the 2023/24 financial year on Tuesday and urged the private sector to work with the municipality in solving the socio-economic challenges in SA’s richest and largest metro.

The current government of local unity has inherited a city reeling under financial challenges and neglected infrastructure, and Morero said the budget alone was insufficient to fund its operations and roll out services to its 6-million residents. The municipality needs a minimum of R4.3bn a month, he said...

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Joburg 2023/24 budget: 'Finance MMC should meet political parties' expectations'City of Joburg council Speaker Colleen Makhubele said the Finance MMC Dada Morero will have to draw up a comprehensive finance model, that will bring an end to the irregular use of city funds.
Source: ewnupdates - 🏆 30. / 53 Read more »