Mayor Xhakaza says Ekurhuleni’s finances are on a positive trajectory [SOUND]

# Ekurhuleni mayor Nkosindiphile Xhakaza says the metro is making progress in strengthening its financial position, having addressed a 2.1-billion-rand revenue shortfall. The metro’s current bank balance stands at nearly 1.2-billion-rand. Ekurhuleni’s investment balance is now at 672-million-rand, up from 245-million-rand. Meanwhile, Xhakaza says an internal disciplinary process against officials implicated in the metro’s missing funds is at an advanced stage: