ActionSA demands stability, DA vows accountability over CoJ ‘financial crisis’

About this episode

ActionSA calls for stability in Johannesburg as the DA pledges accountability amid a financial crisis declared by the Minister of Finance.

ActionSA demands stability, DA vows accountability over CoJ 'financial crisis' Following what ActionSA says is National Treasury's confirmation of a financial crisis in the City of Johannesburg, the party wants the municipality, the Gauteng Provincial Government, and all relevant stakeholders to urgently act to stabilise the City, while the Democratic Alliance (DA) has vowed accountability. Minister of Finance Enoch Godongwana has officially declared that the City of Johannesburg is in a state of severe financial distress. In a letter dated April 23, addressed to City of Johannesburg mayor Dada Morero, Godongwana stated that the City has become a "mark of severe financial distress," unable to meet its obligations. The letter, which has been leaked, highlights a massive R10.3-billion wage deal with the South African Municipal Workers Union (SAMWU), which ActionSA said was unlawful and was unaffordable for the city, describing it as the core of the immediate crisis. The City owes creditors a staggering R25.2-billion and Godongwana has directly instructed the City to halt the R10.3-billion wage deal. ActionSA Gauteng Legislature caucus leader Funzi Ngobeni said his party recognised…

Topics covered

• financial crisis
• politics
• accountability
• municipal governance
• wage disputes

Keywords

• ActionSA
• Democratic Alliance
• City of Johannesburg
• financial distress
• wage deal
• Enoch Godongwana
• municipal workers

Mentioned in this episode

Organizations: ActionSA, Democratic Alliance (DA), City of Johannesburg, Gauteng Provincial Government, South African Municipal Workers Union (SAMWU)

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