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The finances of the City of Johannesburg, South Africa’s richest and biggest metro are in shambles, and the situation is so bad that if no funding is received urgently it could fail to pay the salaries of its more than 32,000 staff complement.
The African National Congress caucus leader, Dada Morero revealed this, saying that about R3.8billion of the city’s R77.3billion current budget, which came into effect on July 1, was unfunded.
He added that plugging this financial gap had been the main focus during his brief stint in the executive office before the high court declared his election as unlawful on October 25.
