Joburg mayor to meet with minister Godongwana over the ‘dire state’ of the metro’s finances [SOUND]

# Johannesburg mayor Dada Morero says he will soon meet with Finance minister Enoch Godongwana to discuss concerns over alleged budget regulation transgressions. The minister has warned that Treasury would withhold funding to the metro if its finances are not sorted out. In a letter to the metro, Godongwana revealed that Johannesburg owes creditors 25.2-billion-rand while holding only four-billion-rand in cash, leaving a shortfall of more than 21-billion-rand. Morero says there is no need for concern: