Thursday, April 2, 2020

Coronavirus: Durban Metro could run out of money in two months if ratepayers stopped paying

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IOL Daily News
02 Apr 2020
AS SOUTH Africa's economy reels from the downgrade by Moody's to junk status, and the country being on lockdown due to the coronavirus, the eThekwini Municipality said it has only enough money for two months' operations. File image: IOLCoronavirus: Durban Metro could run out of money in two months if ratepayers stopped paying

City says it has about R6billion cash in hand, enough money for two months

 
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