Impact of budget cuts


In former Finance Minister Malusi Gigaba’s February 2018 budget speech, significant budget adjustments were announced for this financial year, including R14.1 billion in reductions to direct and indirect infrastructure grants. Municipalities have been urged to improve revenue collection, work more efficiently, and implement cost-containment measures, says Carl Stroud, MD of Sebata Municipal Solutions, a MICROmega Group company.

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