# Government has secured around 5.6-billion-rand in concessional loan financing to support National Treasury’s Metro Trading Services Reform programme. The funding comes from the German and French Development Cooperation via KfW Development Bank and the French Development Agency. The programme is aimed at turning around electricity, water and sanitation, and solid waste management in South Africa’s eight metropolitan municipalities. Minister of Finance Enoch Godongwana says that, given the scale of investment required to turn around trading services, the metros must increase investment and secure additional financing to complement the reform funding.
Government secures R5.6-billion funding to support service delivery efforts across SA’s metros