Fraught local election outcomes bode ill for municipal finances
The medium-term budget policy statement highlighted the parlous state of councils as a risk to the fiscus
Lynley DonnellyThe outcome of SA’s local government elections, which have resulted in an unprecedented number of hung councils, comes as parlous municipal finances are deemed a clear risk to service delivery.Academics have warned of the difficult road ahead for service delivery in local government, where, even before Covid-19 hit, 163 of SA’s 257 municipalities were deemed to be in financial distress, including four of its metros — Buffalo City, Mangaung, Tshwane and Ekurhuleni. ..
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South African Depression and Anxiety Group
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Travel ban: SA tourism industry loses over R1bn in travel bookings overnight“The impact of these ill-advised travel bans is catastrophic for an industry that has already been battling to survive for the past 20 months.' Sad state of affairs. It's obvious that the vaccinating certification are open to the corrupt ,don't blame other countries.
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Walmart finance chief Brett Biggs to step down in 2022Announcement surprises analysts who had viewed Biggs as next in line for Walmart’s top job
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Honduras braces for trouble as election beginsMore than five million people are registered to vote in what is expected to be a tight race.