Nelson Mandela Bay narrowly misses grant cuts by National Treasury with passing of 2024/25 budget

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The Nelson Mandela Bay council approved its 2024/’25 budget on Wednesday. (Candice Bezuidenhout/News24)

The Nelson Mandela Bay Municipality escaped losing grant funding from National Treasury by the skin of its teeth on Wednesday when the 2024/25 budget was finally passed, almost a month overdue.Finance Minister Enoch Godongwana previously warned the metro it risked losing grant funding if the total budget was not completely allocated before the end of the current…



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