Nie Cele
All eyes and spotlight will be on Joburg City Council in Braamfontein today where Finance Member of the Mayoral Committee, Dada Morero is expected to table an earth-shattering budget likely to meet all political parties expectations.
During a Media Briefing Joburg council speaker Colleen Makhubele did not rule out the city was at risk of being placed under administration, should the proposed annual budget not outline the metro’s true financial status.
“The Budget cant satisfy everybody, but we will be happy if everybody comes out with something.”
DID YOU KNOW?
In 2018 The city contributed around 14.9% of national Gross Domestic Product (GDP) in 2018. 1 The city also provides the highest number of jobs compared to other cities in the Province i.e. 2.13 million people or 41.88% of the total employment in Gauteng Province is employed within the Metro.
Johannesburg is the largest single metropolitan contributor to the national economic product. National average growth in gross domestic product (GDP) has been 1,8% over the past 10 years, with Johannesburg .marginally outpacing that growth with an average growth per annum of 2%.
