The City of Tshwane has patted itself on the back for implementing what it said is strict fiscal discipline, which improved the metro’s coffers with “positive cash and cash equivalents” amounting to R835m at the 2022/23 year end. 

In its audited 2022/23 annual report, the metro, which is run by a DA-led multiparty coalition, noted that over the previous financial years the city’s financial position deteriorated as it was dogged by a decline in billed operating revenue and the collection rate. ..

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