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Eastern Cape's embattled municipalities owed a shocking R32bn - Vimarsana News

Eastern Cape's embattled municipalities owed a shocking R32bn

Thirty-two-billion rand — that is the consolidated amount owed to financially embattled municipalities in the Eastern Cape by households, businesses and state institutions.

R2.7bn to come from provincial reserves to address budget deficit - Vimarsana News

R2.7bn to come from provincial reserves to address budget deficit

The Eastern Cape government has been forced to dig into its provincial reserves to cushion a R2bn deficit for the 2023-2024 financial year.