ActionSA demands fiscal discipline in Joburg [SOUND]

# ActionSA says it is concerned about the posture taken by the City of Johannesburg executive to address the metro’s financial crisis. The executive is out looking for funding from foreign banking institutions, including the African Development Bank and the International Finance Corporation. ActionSA’s, Elmari Atterbury, says that in January, the council approved a loan of 2.8-billion-rand, however, three months later, the executive is pleading with the council to approve another loan to the value of 700-million-rand: