'Not in crisis': Mayor responds to Treasury action against Joburg
The challenges we face are real but not insurmountable," Morero said
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Summary
The challenges we face are real but not insurmountable," Morero said. The next entity is City Power in September, followed by Pikitup,” he said. What we are doing now with our internal processes is to ensure that, from time to time, we comply with at least the 32 days’ cash coverage, which allows us to be safe as the city,” he said.
Furthermore, Approximately R1.8 billion in historical expenditure has already been regularised through governance processes, while a further R6.4 billion remains under consideration by municipal entity boards. Among the immediate priorities is settling outstanding payments owed to bulk service providers. By the end of July, their cash collected will go directly to Johannesburg Water.
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The challenges we face are real but not insurmountable," Morero said.
reliability moderate2/2 sourcesThe next entity is City Power in September, followed by Pikitup,” he said.
reliability moderate2/2 sources
Reported detailssecondary facts, each attributed to its source
What we are doing now with our internal processes is to ensure that, from time to time, we comply with at least the 32 days’ cash coverage, which allows us to be safe as the city,” he said.
according to Sowetan LiveApproximately R1.8 billion in historical expenditure has already been regularised through governance processes, while a further R6.4 billion remains under consideration by municipal entity boards.
according to IOL (Independent Online)Among the immediate priorities is settling outstanding payments owed to bulk service providers.
according to IOL (Independent Online)By the end of July, their cash collected will go directly to Johannesburg Water.
according to Sowetan Live
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