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National Treasury launches metro trading services reforms | SA News

Representatives from South Africa’s eight metros — the largest cities and economic engines — are set to attend the National Treasury’s launch of the metro trading services reforms in Pretoria on Wednesday.

Finance minister Enoch Godongwana recently rallied behind the reforms, aimed at addressing the deteriorating quality of services in most of the metros, saying they would help improve the local authorities’ financial positions and stop their dependence on grants.

Business Day reported previously that the Treasury was working with the metros on a R54bn performance-based incentive that would help them with cash to fix water, electricity and waste management services on the condition…

Gold Production: Once the largest gold producer in the world, South Africa still
holds significant reserves, although production has declined in recent years.

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