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Municipal Watch: Financial state of Ekurhuleni

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We take you back to the City of Ekurhuleni this time looking at the dismal financial situation the Metro finds itself. Reports have emerged over the past few months that the municipality is on a brink of total collapse. The DA said in June that the city’s cash flow was sitting at R438m, representing less than 13 days of cash on hand. The EFF’s MMC for Finance, Nkululeko Dunga has denied all the reports in the media saying they are unsubstantiated. The Council is sitting today (Thursday) to debate the issue. Meanwhile, the Ntiyiso 2029/20 Municipal Revenue Maturity Benchmark Report warned about the situation the municipality is finding itself in today which showed that levels of revenue maturity were declining. To explain this further and the impact this will have on service delivery, we are joined by....

Guest: Miyelani Holeni - Chief Group Advisor at Ntiyiso Consulting

Guest: David Barr – Vice chairman at the Primrose Ratepayers Association

Guest: Jongizizwe Dlabathi – ANC Caucus Whip in the City of Ekurhuleni

Guest: Cllr Fanyana Nkosi – DA Spokesperson for Finance in Ekurhuleni (Former MMC for Finance at Ekurhuleni)

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