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ActionSA says Joburg is failing to exercise fiscal discipline and basic governance practices [SOUND]

# ActionSA in Gauteng says National Treasury’s decision to withhold July equitable share payments to 69 municipalities, including the City of Johannesburg, highlights the compounding financial crisis that the metro is plunged into. Treasury says the withholding of funds is aimed at instilling fiscal discipline, ensuring that public money is properly managed, and forcing municipalities to deal with unauthorised, irregular, fruitless, and wasteful expenditure. ActionSA’s Funzi Ngobeni says residents should not bear the brunt of poor fiscal discipline:

ENG NgobeniONAccountability