Looming financial crisis for Ekurhuleni municipality as it projects a R1.2 billion shortfall | News24
Ekurhuleni mayor Mzwandile Masina. (Frennie Shivambu, Gallo Images, file) There is a R1.2 billion revenue shortfall projected for the Ekurhuleni municipality amid the Covid-19 pandemic. This comes at the same time as bad debts are expected to increase. Parliament was told on Wednesday that funds are expected to dry up soon. The City of Ekurhuleni has projected…