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Finance Minister, Enoch Godongwana issued a scathing letter to the City of Johannesburg declaring the city in "severe financial distress". At the heart of this distress is irregular expenditure, a liquidity crisis (creditors bill worth R25.2 billion) and a wage deal the City cannot afford. Guest: Mr. Andrew Donaldson - Research Associate at the Southern Africa Labour and Development Research Unit in the School of Economics at the University of Cape Town
Finance Minister, Enoch Godongwana issued a scathing letter to the City of Johannesburg declaring the city in "severe financial distress". At the heart of this distress is irregular expenditure, a liquidity crisis (creditors bill worth R25.2 billion) and a wage deal the City cannot afford.
Guest: Mr. Andrew Donaldson - Research Associate at the Southern Africa Labour and Development Research Unit in the School of Economics at the University of Cape Town
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