Govt agencies have paid off billions in debt to cities – but overall numbers don't look good | Business Insider

There has been a sharp drop in the debts that government agencies owe metros, with more than 40% paid off over a three-month period.

That is a rather dramatic decrease from the R14.6 billion such agencies had owed metros just three months before, in the period that ended on 30 June. Three cities now have more than R20 billion of debt on their books: Johannesburg at R43.9 billion, Ekurhuleni at R27.8 billion, and eThekwini at R21.7 billion.

This sets just such a bad example. Creates a culture of non payment - wanting for free...

Canada Canada Latest News, Canada Canada Headlines

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

Failure of state utilities imperils survival of companies, says Astral chairTheuns Eloff lambasts state over failure in power and water supplies that are threatening the continued existence of firms Where is the fake business support for Eskom that was being peddled on here? Apparently not in ANC lala land....
Source: BDliveSA - 🏆 12. / 63 Read more »

Tunisia is restoring its coastlines, one beach at a time | BusinessA coastline protection project in Tunisia is restoring the beaches, biodiversity and, with it, the economic lifeline of the community. | News24_Business _Business The Mediterranean is a wreck! Most overfished ocean on the planet.
Source: News24 - 🏆 4. / 80 Read more »

Comedians are finding TikTok is essential, and getting heckled can mean hitting the jackpot | Business InsiderComedians are using TikTok more and more to gain exposure and bring in ticket sales to their shows, but it's the heckler videos that go viral.
Source: BISouthAfrica - 🏆 34. / 51 Read more »