Municipalities Wasted R27bn, Says Report

Finance Minister, Pravin Gordhan, says that municipalities could have saved R27 billion in the previous financial year - that is R74 million per day by cutting down on unnecessary expenses.

Gordhan urged new council members to, “Cut down on non-essentials and get your planning, budgets, service delivery and bureaucracy right.”

Speaking at the launch of the Treasury’s latest financial municipal oversight report, Gordhan said that new council members have to “forget about fancy extras like brand new Mercedes-Benzes.”

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