The Gauteng government is looking to avoid a financial "day zero", but questions remain about whether the province could truly face bankruptcy next year.
Finance and Economic Development MEC Lebogang Maile warned months ago that Gauteng could find itself "R6 billion in the red" by June this year if urgent financial caution isn't exercised, following R15 billion in budget cuts.
Maile pointed to the Gauteng department of health as the primary driver of the province's financial troubles. The MEC highlighted the department's persistent non-compliance with supply chain regulations as a critical threat to Gauteng's overall financial stability, citing corruption as the root cause of the crisis.
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
What to consider when drawing up your will
A will is not all about divvying up your estate - there are some other important considerations that you need to think about.
Proteas are cruising
RICKELTON: IN MASSIVE STAND WITH BAVUMA AFTER A FEW EARLY JITTERS
Pirates out to slay Abidjan
Orlando Pirates will be looking to keep up their unbeaten run in the CAF Champions League group stage when they come up against Stade d'Abidjan at the Orlando Stadium in Soweto this afternoon (kick-off 6pm).
An 'emotional' Test for Pant
Rohit Sharma's omission from the fifth Australia Test yesterday was \"emotional\", wicketkeeper Rishabh Pant (above) said, as former India coach Ravi Shastri predicted the skipper will \"pull the plug\" on his red-ball career.
Bavuma hits back at WTC critics
Having secured their place in the World Test Championship (WTC) final to be battled out at Lord's in London in June, the Proteas have come in for some stinging criticism from fans and pundits around the world of cricket.
Lategan Makes Early Statement
DAKAR: South African Driver Captures Prologue
Kaizer Chiefs more than a 'project' Mr Nabi
I couldn't help but shake my head listening to Nasred-dine Nabi ranting about Kaizer Chiefs being a \"project\".
Ertugral takes charge of CT City's relegation fight
Kaizer Chiefs will be looking to add more misery to Cape Town City when the sides meet in a DStv Premiership clash at the Cape Town Stadium tomorrow (kick-off 5.45pm).
Sundowns Have 'Big Ambitions'
WILLIAMS: MASANDAWANA KEEP PUSHING BOUNDARIES
Greaterix to prove his ability
TALENT: HE IS BETTER THAN HIS DINGAANS RUN AND WILL ENJOY THE DROP TO 1400M
