Ramaphosa promises to cut municipal debt in South Africa by 30%

BusinessTech | 24-08-2026 09:12am |

The African National Congress (ANC) has announced a campaign promise to reduce municipal debt in South Africa by 30%. This pledge is part of the party's platform ahead of the 2026 elections. The reduction is aimed at addressing financial challenges faced by municipalities. The ANC's proposal is expected to be a key issue in the upcoming electoral campaign.

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