Skip to content

Godongwana urges municipalities to diversify revenue sources [SOUND]

# Finance minister Enoch Godongwana says many municipalities have become overly reliant on electricity sales as a source of revenue, despite declining electricity consumption. He briefed the media following the National Treasury’s temporarily suspension of funding to 69 municipalities due to mismanagement. Godongwana says dependence on electricity sales is no longer sustainable and municipalities must strengthen revenue collection and improve financial management to ensure long-term financial stability and service delivery:

ENG GodongwanaOnRevenue