# Government has secured a 15.91-billion-rand loan from the World Bank’s International Bank for Reconstruction and Development. The six-year South Africa Metro Trading Services Programme aims to improve the accountability, financial health, and operational performance of essential urban services in the country’s eight largest metropolitan municipalities. These include Johannesburg, Cape Town, eThekwini, and Buffalo City. Minister of Finance Enoch Godongwana says metros will unlock the incentive grant funding by demonstrating improved institutional and service delivery performance in water supply and sanitation, electricity and solid waste management.
South Africa secures an almost R16-billion loan from the World Bank to revive major cities