Nelson Mandela Bay has lost R430m in National Treasury grant funding due to underspending dailymaverick.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailymaverick.co.za Daily Mail and Mail on Sunday newspapers.
With a National Treasury deadline looming for the city to explain why it should not lose about R500m in critical grants, Nelson Mandela Bay acting city boss Luvuyo Magalela is scrambling to find answers as to why the city underspent its annual budget.
Johannesburg, Ekurhuleni and Tshwane metros are in deep trouble, standing to lose billions in development allocation grants, which could be taken back to the national fiscus by the National Treasury as a result of poor expenditure. Gauteng metros are in deep trouble, standing to lose billions i.