Govt cash crunch: KZN municipality haemorrhaging millions cannot fund daily operations

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Govt cash crunch: KZN municipality haemorrhaging millions cannot fund daily operations
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Govt cash crunch: KZN municipality haemorrhaging millions cannot fund daily operations

The Dannhauser Local Municipality in KwaZulu-Natal has haemorrhaged millions of rand and, admittedly, it is now finding it"difficult to finance its day-to-day operations".

This according to a budget and treasury office memorandum that Dannhauser municipal manager Mandla Sithole sent to staff and councillors on 6 October. In the notice, Sithole informed employees and councillors the municipality had already depleted its first tranche of the equitable share - which he told News24 was at R47 million in July 2023. South Africans need to be in the know if we want to create a prosperous future. News24 has kept the country informed for 25 years, and we're about to enter a new chapter of fearless journalism.

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News24 /  🏆 4. in ZA

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