METRO FM Talk with Faith MangopeMETRO FM Talk with Faith Mangope

R7.3 Billion in Debt, Just R2 Billion in the Bank: Is Ekurhuleni Running Out of Money? ( INVESTIGATIVE JOURNALIST MODIBE MODIBA HAS BEEN TRACKING THIS STORY )

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Imagine owing more than three times the amount of money you have in your bank account. That's the reality facing the City of Ekurhuleni, which reportedly owes R7.3 billion while holding just R2 billion in
available cash. Critics warn that the city's financial position threatens essential services, while others argue municipalities across the country are under growing pressure from rising costs, poor revenue collection and ageing infrastructure. So, who's to blame for Ekurhuleni's financial crisis, and more importantly, who will pay the price if the city can't turn things around? Tonight, we unpack what this means for residents, businesses and the future of local government in South Africa.

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METRO FM Talk with Faith Mangope

METRO FM Talk with Faith Mangope 
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