‘REVEAL FULL NATURE OF FINANCIAL CRISIS’

The DA caucus leader in the Bhisho Legislature, Bobby Stevenson, has tabled a written question to Finance MEC Mcebisi Jonas requesting that he reveal the full nature of Nelson Mandela Bay’s financial crisis.

Stevenson said the recent public sector strike and pay demands would place huge strain on the national fiscus that was already operating under severe constraints due to lower tax collections. It was unlikely there would be large bailouts for provinces and municipalities.  Read the full story in The Herald.