Tshwane mayor vows to rescue city finances
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Tshwane mayor Cilliers Brink has announced a bold financial rescue mission to improve the city’s
ailing financial performance. Brink has his sights set on increasing revenue and reducing expenditure
in the range of R1bn a month for the next six months. During a media briefing, Brink said that there
is simply no other way to unlock the needed resources and drive performance. He said what they
have to their advantage is a R233bn debtors’ book that the city aims to turn into cash. Phemelo
speaks Tshwane Finance MMC Jacqui Uys.
ailing financial performance. Brink has his sights set on increasing revenue and reducing expenditure
in the range of R1bn a month for the next six months. During a media briefing, Brink said that there
is simply no other way to unlock the needed resources and drive performance. He said what they
have to their advantage is a R233bn debtors’ book that the city aims to turn into cash. Phemelo
speaks Tshwane Finance MMC Jacqui Uys.
