Municipal debt up 19% to R185bn as Treasury drafts first MFMA overhaul in 23 years
Municipal debt rose 19% to R185.2bn, Bloomberg reports, as National Treasury publishes the first comprehensive MFMA overhaul in 23 years for public comment.
Eskom is South Africa’s state-owned electricity utility, generating, transmitting and distributing most of the country’s power. It has operated under significant financial and operational strain for over a decade, including extended periods of load shedding.
Municipal debt rose 19% to R185.2bn, Bloomberg reports, as National Treasury publishes the first comprehensive MFMA overhaul in 23 years for public comment.
Wednesday, 28 October
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